19× more invested in EVs & EV batteries in Europe last year than in 2018

CLEAN TECHNICA | According to a Transport & Environment report, Europe poured €60 billion into EV production and EV battery production in 2019, a whopping 19 times more money than it put into them in 2018.

If those figures aren’t shocking enough, the following may do the trick: 3.5 times more money was put into EVs and EV batteries by corporations and governments in Europe than in China! Europe is the new China.

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