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Featured Automakers investing $150 Billion towards EVs

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by Team ChargePoint, May 24, 2018.

  1. Team ChargePoint

    Team ChargePoint Active Member

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    Automakers have announced they are going electric, are investing $150 billion, and are deploying hundreds of new EV models that will eventually produce at least 13 million EVs globally per year.


    [​IMG]

    Quote: "Many strategic plans are not announced, so the actual investments are likely much
    greater than shown. Considering the incomplete parts of the table, like investments
    by General Motors and Toyota, the cumulative investment amount is likely to be much
    larger. For example, GM indicated it would reach 20 all-electric models by 2023 and turn
    a profit by 2023, but has not made an announcement about its total investment level.
    Likewise, BMW and BYD have had among the largest deployment of electric vehicles to
    date, but estimates of their investments were not forthcoming."



    That's just one takeaway from the new report from The International Council of Clean Transporation. You can find their full report here!
     
  2. orenji

    orenji Senior Member

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    #saveoldcars
     
  3. Dxta

    Dxta Senior Member

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    Old cars?:eek: what about saving the earth(environment) first!?
     
  4. orenji

    orenji Senior Member

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    If your not a car guy, you won't get it!
     
  5. Dxta

    Dxta Senior Member

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    I get it well. I'm a car guy. Maybe I was stressed:D!?
     
    bisco likes this.
  6. bisco

    bisco cookie crumbler

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    toyota: not available

    gm: not available

    hyundai? honda?

    i'm tired of the waiting game. i'm old and running out of time!:mad: