Germany plans to invest over €250 million in automotive R&D by 2027
The focus of the R&D investments is on electromobility transformation, in particular, including battery technology, autonomous driving and digitization
The German Association of the Automotive Industry (VDA) announced that from 2023 to 2027, the manufacturers and suppliers of the German automotive industry will invest more than €250 billion in research and development worldwide, according to VDA press release April 3.
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