EV makers around the globe have planned to invest around $1.2 trillion through 2030

Mercedes-Benz will invest $47 billion to build new EVs and batteries

Volkswagen will put in $100 billion to make new EVs and plants for batteries

Toyota is speeding up its EV plans with a stated investment of $70 billion

With eye on Tesla, Ford to pump in $50 billion into EVs

Tesla aims to manufacture 20 million EVs by 2030

BMW has planned an investment of $35 billion for EVs 

Stellantis and GM have aimed to invest $35 billion each in EV segment