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Reuters 3w

Countries in the European Economic Area and Switzerland have committed nearly €200 billion ($235 billion) to enhance their electric vehicle ecosystem, largely focusing on battery supply chains and manufacturing, in an effort to reduce reliance on China, which currently produces over 80% of global batteries. #ElectricVehicles #SustainableInvestments #BatteryTechnology #DE #IT #FR #ES #CN

Europe invested 200 billion euros so far to boost EV sector, New Automotive data shows