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VW pauses on Europe battery plants, awaiting EU response to U.S. Inflation Reduction Act

VW Salzgitter battery 2022
VW is building a battery cell factory in Salzgitter, Germany. It will produce batteries for volume EVs starting in 2025.
R
By:
Reuters
March 08, 2023 08:12 AM

Volkswagen Group  is waiting to hear for Europe's response to the U.S. Inflation Reduction Act before progressing with plans to build further battery plants in Europe, the automaker said on Wednesday.

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