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Volkswagen Invests $25 Billion in Battery Supplies to Bolster EV Agenda

The German automaker will work with LG Chem, Samsung and Chinese battery maker Contemporary Amperex Technology Co Ltd. Volkswagen announced Tuesday that it had secured about $25 billion in battery supplies and technology, a sum it plans to scale up to about $60 billion as it looks to expand electric vehicle manufacturing. The announcement comes […]

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