December 4, 2022

Mazda to take a position $11 bln by 2030 to obtain EV batteries –

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Japan’s Mazda Motor Corp plans to take a position 1.5 trillion yen ($10.6 billion) by 2030 to obtain electrical car (EV) batteries and cooperate with battery provider Envision AESC, the Nikkei enterprise each day reported on Tuesday.

The Hiroshima-based automaker will safe batteries and search to extend manufacturing of totally electrical autos at factories in Japan by means of the partnership with Envision AESC, the newspaper reported.

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Each Mazda and Envision AESC…

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