PRAGUE -- Volkswagen Group will decide next year on the location for a planned battery cell plant in eastern Europe, the automaker said.
VW earlier this year outlined plans to build six battery cell factories across Europe by 2030 with a total annual production capacity of 240 gigawatt hours to secure supply for its electric vehicle push.
The Czech Republic, Slovakia, Poland and Hungary are in the running for one of the plants -- to be opened in 2027.
VW said its planned to decide on a location for the plant in the first half of next year. The automaker said it had not delayed the decision after Czech Industry Minister Karel Havlicek said on Monday that his government had expected a decision by the end of the year.
"As you know, what has to be taken into account for this decision are the country's respective conditions, the economic environment, the e-mobility strategy and the subsidy framework," a VW spokesperson said.
VW Group CEO Herbert Diess and Thomas Schmall, the automaker's technology chief, visited the Czech Republic on Monday for an exchange with the group's Skoda unit as well as on the country's electrification strategy.