Mazda Invests In Electrification
It would be super sage-like to say, “The longer you wait to accept change, the more expensive it will be,” but we aren’t sure Mazda would have saved any money if they did this last year. It's a weird world.
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If your friends jumped off a bridge, would you follow? Of course not! What if they build a bunch of electric cars?
Mazda announced nearly $11B in investments to electrify its vehicles. Though trailing the competition, the company hopes to reach 40% EV sales by 2030, increasing an earlier goal of 25%.
In addition to a full EV launch between 2025-2027, the company may also get into battery production.