VW Halts European Battery Plant In Wake Of U.S. Incentives For American-Built EVs | Carscoops carscoops
Writing on LinkedIn, a senior VW engineer present at the meeting warned that Europe risked missing out on “billions” of investments in the years ahead if Europe didn’t provide state aid and low-cost green energy. And he explained thatwas making “much faster progress” with its plans for battery plants in North America than it was with the Eastern Europe proposal.
Former VW boss Herbert Diess announced two years ago that the company would build six gigafactories in Europe, though thereports that VW’s CFO, Arno Antlitz as saying it would have built a North American factory anyway. But Antlitz admitted that the passing of the Inflation Reduction Act had fast-tracked the American program.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Two-Thirds of European Battery Production at Risk — Analysistwo-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, new analysis
Read more »
Kep1er’s Seo Young Eun Temporarily Halts Activities After Her Father Passes AwayKep1er's Seo YoungEun Temporarily Halts Activities After Her Father Passes Away
Read more »
Battery Park City is putting dog poop to good useDog owners in Battery Park City are giving a new program that composts dog poop a round of 'a-paws.'
Read more »
China's Xi tells CATL he has mixed feelings about its battery market dominanceChinese President Xi Jinping told CATL on Monday he had mixed feelings about its status as the world's largest battery maker - remarks that come at a time when the company is rapidly expanding abroad and moving to undercut domestic rivals.
Read more »
China's Xi has mixed feelings about CATL's battery market dominanceChinese President Xi Jinping told CATL on Monday he had mixed feelings about its status as the world's largest battery maker - remarks that come at a time when the company is rapidly expanding abroad and moving to undercut domestic rivals.
Read more »
This legend attached a 30,000mAh battery on a Samsung Galaxy A53Your Galaxy phone has only 5,000mAh of battery? How unfortunate. This guy’s phone has 30,000mAh instead. And it kind of looks like a homemade bomb too.
Read more »