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German automakers will spend $45 billion on electric vehicles over the next three years

German automakers — including BMW, Daimler, and Volkswagen (VW) — will spend about $45 billion on electric vehicle (EV) technology over the next three years, according to a new report from VDA, a German auto-industry trade group. Business Insider Intelligence The European Union unveiled aggressive emissions standards last year that will go into effect over the next […]

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