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Automakers

VW's German battery plant to stay at half capacity amid cost pressures

VW Salzgitter batteries Arc 24
A worker is pictured at VW's Salzgitter battery unit. (VW)
R
By:
Reuters
September 06, 2024 11:22 AM

BERLIN – Volkswagen Group's PowerCo battery subsidiary will build just one of two planned production lines at its Salzgitter plant in Germany for now, its works council said, as the sector adjusts to slowing demand for electric vehicles.

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