Volkswagen intends to make batteries in Salzgitter
Volkswagen AG is planning to invest in the Swedish battery manufacturer Northvolt AB. The aim is to build a factory for European battery cell production in Lower Saxony from 2020.
2 Jul 2019 Babara RuschShare
According to a
“In Northvolt we have now found a European partner, too,” says Volkswagen Director of Procurement Dr. Stefan Sommer. According to its own information, the Volkswagen Group will have an annual demand for more than 150 GWh in both Europe and Asia in the context of its electrification strategy from 2025.
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