Mazda to Invest 1.5 T. Yen for EV Batteries

Mazda to Invest 1.5 T. Yen for EV Batteries

   Tokyo, Nov. 22 (Jiji Press)--Mazda Motor Corp. <7261> will invest 1.5 trillion yen by 2030 in projects including one to secure batteries for electric vehicles, informed sources said Tuesday.
   Mazda plans to procure batteries from Chinese-affiliated Envision AESC Group Ltd., based in Zama, Kanagawa Prefecture, according to the sources.

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