North American EV investments to surpass $140bn: Nikkei estimate

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20230603N Biden in GM plant

U.S. President Joe Biden at the General Motors "Factory ZERO" electric vehicle assembly plant in Detroit, Michigan. © Reuters

MIHO TANKAI, Nikkei staff writer

TOKYO -- Global investment related to electric vehicles is growing rapidly in North America, with the world's 10 largest automakers spending about $140 billion there between 2022 to 2028, according to a Nikkei estimate.

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