The world’s biggest automakers are planning to spend over a half a trillion dollars on electric vehicles and batteries over the next decade. Toyota, Nissan and Volkswagen are all recently unveiled plans to invest billions of dollars into new electric vehicle and battery plants. Tesla is also on track to complete its first electric vehicle assembly plant in Europe. Previously planned electric vehicle (EV) investments are just a drop in the ocean, with big automakers targeting huge growth by 2030 through a massive new EV push. Prior to the pandemic and the subsequent COP26 summit, carmakers veined interest in EV, making promises of far-off investments. But over the last year, governments have vowed to achieve net-zero carbon emissions, introduced plans to phase out gasoline and diesel vehicles, and put pressure on major industries to shift to green. Now, the world’s biggest automotive companies are finally gaining momentum in their […]