Continental Boosts Electric Drive Spending By €300M For 2021, ICE Production To Peak In 2025

By Mark Kane Continental has secured additional budgeting of some €300 million for hybrid and electric powertrain technology development by 2021, expecting a multi-billion-euro business opportunity to present itself around that time. The total investment of the company over the past five years has already totaled €1 billion, so the Continental is no …read more

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