04
Mar
17:32
Volkswagen green lights €2 billion for new BEV factory
German carmaker Volkswagen confirmed on Friday its supervisory board approved a €2 billion ($2.18 billion) investment into a new manufacturing site in Germany, Kallanish reports.
The decision green lights the construction of a plant for the Trinity all-electric model from 2026. Construction is set to begin in spring 2023, with the facility to be built in Wolfsburg-Warmenau, close to the main plant. Production will be carbon-neutral, but capacity volumes are y…
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Anonymous
Very good overview of the weekly steel market.
Anonymous