Volkswagen launches PowerCo for global battery business; €20B investment; standard factories
Green Car Congress
JULY 8, 2022
With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. In addition to cell production, the new company will be responsible for activities along the entire battery value chain. Future gigafactory for battery cells at the Salzgitter site: Salzgiga. Standard factory.
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