From General Motors to Hyundai Motor, how companies are going electric

Daimler AG is investing €10 billion in electric and hybrid technology and is preparing to launch the EQ electric car

Global automakers investing in the rapidly growing electric vehicles’ market include:

BMW AG: The Munich-based maker of BMW, Rolls-Royce and Mini vehicles plans to bring 25 electrified models to market by 2025 and will increase research and development spending to an all-time high of up to €7 billion ($8.6 billion) this year. In February, the company and China’s Great Wall Motor Co said they would jointly produce electric Mini vehicles in China.

Volkswagen: Europe’s largest automaker has picked partners to provide battery cells and related technology worth around €20 billion ($25 billion) for its electric car programme. The German firm