OEMs putting their money on EVs as the future

For the past decade or so, the auto industry has slowly but surely been preparing for an all-electric future. As the scope of electric vehicle production continues to grow, we can see that this is an expensive trip we’re about to take. From the six gigafactories across Europe that Volkswagen announced last year to Ford’s plans to build two huge battery plants in Tennessee and Kentucky with partner SK Innovation for a total investment of over $11 billion, the plans are real. Electric vehicles are undoubtedly coming, so get ready.  Read the original article.

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