Mazda announces midterm management policy, to invest USD10.6 billion on EVs


Mazda has set an EV sales target of up to 40% of its total global sales by 2030

Announcing its mid-term management policy on 22 November 2022, Japanese vehicle manufacturer Mazda Motor Corporation disclosed that it plans to invest USD10.6 billion in developing EVs. The company said it is also considering investing in battery production. Mazda’s mid-term policy entails the vehicle manufacturer’s goals and milestones spread until 2030.

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