Automakers

VW CEO says money is there for battery cell push

VW Salzgitter battery plant
Battery systems are pictured at VW's plant in Salzgitter, Germany.
R
By:
Reuters
September 07, 2021 12:41 PM

MUNICH -- Volkswagen Group CEO Herbert Diess is optimistic that there are sufficient funds, internal or external, to pull off its ambitious plan to build six large battery factories across Europe with partners by the end of the decade.

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