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Automakers

VW plans new EV factory in Germany to counter Tesla

VW's global headquarters in Wolfsburg, Germany.
VW's global headquarters in Wolfsburg. A new EV factory nearby would be less complex than retooling existing operations, VW brand chief Ralf Brandstaetter said. (REUTERS)
fw
By:
from wire reports
November 09, 2021 07:58 PM

FRANKFURT -- Volkswagen plans to build a new state-of-the-art car factory close to its global headquarters in Wolfsburg, Germany, to raise its game as the opening of Tesla's gigafactory near Berlin draws closer.

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