TOKYO -- Japanese automaker Mazda plans to spend about 1.5 trillion yen ($10.6 billion) by 2030 to address its transition to electric vehicles, joining a rush by global carmakers to expand EV capacity.
Automobiles
Mazda in $10.6bn EV plan with battery maker Envision AESC
Japanese automaker rushes to secure parts critical to electric vehicle production
Mazda is one of many global automakers rushing to expand EV capacity. © Reuters
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