New suppliers race to plug in to EV market

Rimac Automobili founder Mate Rimac says those suppliers who have not joined EV projects may already be too late.

By:

Reuters

January 23, 2023 01:17 PM

WOKING, England -- The global auto industry has committed $1.2 trillion to developing electric vehicles, providing a golden opportunity for new suppliers to grab contracts providing everything from battery packs to motors and inverters.

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