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Business & Finance

Volkswagen aims for six battery cell plants in Europe by 2030

  • The six plants, to be built in partnerships, will have a production capacity of 240 gigawatt hours per year, the company said during its Power Day.
Published March 15, 2021 Updated March 15, 2021 05:51pm
By

FRANKFURT: Volkswagen, the world's No.2 carmaker, on Monday said it plans to build six battery cell production plants in Europe by 2030 to secure supply for its electric vehicle push.

The six plants, to be built in partnerships, will have a production capacity of 240 gigawatt hours per year, the company said during its Power Day.

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