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08 Mar
16:45

Volkswagen Group waits on EU incentives to progress battery investment

Volkswagen Group says its goal of building 240 gigawatt-hours of battery cell production through six gigafactories in Europe remains unchanged, as long as the right conditions are in place, Kallanish reports. Last December, the German carmaker delayed planning on its fourth gigafactory in Europe, citing economic uncertainty. A decision on a gigafactory in Eastern Europe had been expected by the end of 2022. Potential locations include the Czech Republic, Hungary,…
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