Mazda to invest $11 billion to electrify its vehicles
Source: Reuters
Nov 22 (Reuters) - Japan's Mazda Motor Corp (7261.T) will invest about 1.5 trillion yen ($10.58 billion)to electrify its vehicles, including boosting production of battery EVs, and aims to increase their share in the company's overall global car sales by 2030.Mazda's senior managing executive officer Akira Koga said the investment would be made along with its "partners", without elaborating, and will be used for…
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