Volkswagen: Investment in a battery factory postponed, but will invest in EV
Volkswagen AG announced delays in its decision over the location of a planned gigafactory for electric car batteries in eastern Europe beyond 2022. The carmaker says it’s due to the current economic climate. But, anyway, Volkswagen plans a mega-investment in its Wolfsburg plant. There it will produce the electric ID.3 model. According to emailed statements …
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