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Automakers are going to burn through billions in the electric vehicle race

Automakers are going to burn through billions in the electric vehicle race

Global automakers will spend a whopping $255 billion on research and development (R&D) for electric vehicles (EV) through 2023, according to Alix Partners’ Global Automotive Outlook study on the future of the auto industry.

Source: www.businessinsider.fr/us/global-automakers-will-spend-billions-in-the-electric-vehicle-race-2018-6

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