Automakers

VW will not add fourth battery plant while EV market remains sluggish

VW Salzgitter
VW already has battery sites including Salzgitter in Germany.
R
By:
Reuters
November 01, 2023 01:59 PM

PRAGUE -- Volkswagen Group will not make a decision on a fourth battery factory site for now, with demand for electric vehicles in Europe lagging expectations, CEO Oliver Blume said.

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