Volkswagen launches PowerCo for global battery business; €20B investment; standard factories
Green Car Congress
JULY 8, 2022
Looking ahead, further products such as major storage systems for the energy grid are planned. In addition to Europe, PowerCo is also already exploring the possibility of further gigafactories in North America. Following Salzgitter, the next cell factory is to be established at Valencia. —PowerCo CEO Frank Blome.
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