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Table 27 Announced Investments by Selected Major Automakers in Electric Vehicles, Battery Technology and/or Battery Manufacturing Plants, February, 2019 ($US billion) Automaker Announcement Investment Amount Audi • $16 billion through 2023 in autonomous driving, digitalization, and electric cars (December, 2018). • In May 2018, the company announced its plan to offer 20 new electrified cars, including hybrids, by 2025. In addition, it has announced plans to sell 800,000 electrified cars by 2025.369 • In 2015, then Audi of America president Scott Keogh said that by 2025, at least one-quarter of all Audi cars sold in the U.S. will be electric.370 • $16 billion BMW Group • In January 2018, committed to having 12 all-electric and 13 hybrids in its line-up by 2025371 • Aims to sell 500,000 plug-in electric cars by the end of 2019372 • Expects that between 15-25% of vehicles sold by 2025 will have an electric drive drain.373 • In December 2018, the company launched a 200 million euros (USD$225 million) investment at its Munich factory to bring to production the new BMW i4 electric car.374 BMW expects that this early investment in “buildings, production facilities and logistics systems” will enable them to achieve series production of the i4 in 2021. • $0.225 billion Daimler • In December 2018, announced it is issuing over $20 billion worth of battery cell supply contracts to support its electric vehicle plans375 • Plans for more than 10 different all-electric vehicles by 2022, taking the total to 50 overall376 • 15-25% electric vehicle share of sales by 2025377 • $20 billion Dyson • In 2018, Dyson announced it would build its new electric cars in Singapore at a new factory to be constructed by 2020, and start production in 2021. The company has committed to spending $2.6 billion to launch its automotive business and plans to hire 500 staff.378 Of particular note is that Dyson plans to use solid state batteries in the EVs • $2.6 billion Fiat Chrysler Automobiles • In June 2018, the company announced it will develop 12 battery-electric, plug-in and hybrid propulsion systems by 2022379 • In June 2018, announced plans to spend 9 billion euros ($10.5 billion) or 20% of • $10.5 billion 369 https://www.industryleadersmagazine.com/audi-announces-to-invest-16-billion-in-self-driving-car-tech/ 370 https://www.industryleadersmagazine.com/audi-announces-to-invest-16-billion-in-self-driving-car-tech/ 371 Bubbers, M. 26 January 2018. “You and i.”PDF Image | Reuse and Recycling of Batteries Employed in Electric Vehicles
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