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Plug-In Vehicle Battery Market Expected to Swell to $10 Billion

A Lux Research report says that six carmakers, including Tesla and Volkswagen, will account for 90% of battery demand, with EVs emerging as the drivetrain of choice.

Daimler to Invest a Whopping $7.9 Billion in FCEV, BEV Technologies

With a massive investment in electromobility, the automaker pledges to electrify all Mercedes-Benz model series.

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