Volkswagen Group plans to significantly increase battery cell production capacity and reshape the EV battery supply chain in Europe, with plans to add six ‘gigafactories’ by the end of the decade – including an expansion of its partnership with Sweden’s Northvolt.
The Volkswagen Group has revealed a significant increase in scale of its battery cell production capacity and partnerships across Europe, as it plans to rapidly increase EV production and lower total supply chain costs for lithium-ion batteries.
As part of this announcement, the carmaker’s collaboration with cell maker Northvolt, which began in 2019, has moved up a gear.
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