Volkswagen decides on Eastern European battery plant in first half of 2022 by Reuters
© Reuters. FILE PHOTO: The VW logo can be seen on September 30, 2019 in front of the Braunschweig Higher Regional Court at the location of the first hearing against VW on the diesel fraud scandal. REUTERS / Michele Tantussi /
PRAGUE (Reuters) – Europe’s largest car manufacturer Volkswagen (DE 🙂 wants to decide on the location for a planned battery cell plant in Eastern Europe in the first half of 2022, it said on Monday.
Volkswagen earlier this year outlined plans to build six large battery cell factories across Europe by the end of the decade, with Hungary, Poland, Slovakia and the Czech Republic in the running to open one in 2027.
The company is still planning to firmly agree on a location for the plant in the first six months of the coming year and has not delayed the decision.
“When making this decision, it is well known that the respective framework conditions in the country, the economic environment, the e-mobility strategy and the funding framework must be taken into account,” said a company spokesman.
Volkswagen CEO Herbert Diess and Chief Technology Officer Thomas Schmall visited the Czech Republic on Monday to exchange ideas with his Skoda Group and about the country’s electrification strategy.
The Czech Industry Minister Karel Havlicek had previously stated that Volkswagen had delayed the decision.
“It was assumed that they would decide by the end of the year, now it will be postponed to mid-2022, not only for the Czech Republic,” Havlicek told Reuters, confirming an earlier report by the CTK news agency.
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