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Asia-Pacific

Carmakers Eye Partners as EV Race Speeds up

Battery strategy seen as critical to future success, with Chinese firms already positioned to expand.

A new wave of mergers may sweep the global car industry as firms seek to raise the huge sums needed for the transition to electric vehicles (EVs). The 2021 marriage of France’s Peugeot with Fiat Chrysler to form Stellantis may be the first of many as manufacturers try to secure…

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