> Recently, a Bloomberg Intelligence analysis pegged VW as the most > likely contender to become the top electric vehicle manufacturer in 2024 > ... Bloomberg cites the fact that "Volkswagen is investing up to EUR30 > billion in the supply chain, including the opening of six new > battery-cell plants in Europe by 2030." ... a dedicated division > called PowerCo ... will be in charge of a US$20 billion investment > into setting up six battery factories in Europe and possibly a few in > North America.
Full story: https://www.notebookcheck.net/VW-pouring-US-20-billion-into- PowerCo-factories-for-cheaper-prismatic-battery-production-in-a-move-to- topple-tesla.633867.0.html Shortcut URL: https://v.gd/Y2J7kg Interesting that VW is apparently building its battery factories in Europe and the US, not in China. Given the unstable world political and military situation, that might be a smart move. Tesla seems to have bet more heavily on China. I've read recently that Tesla are supposedly working a battery deal with BYD, which have themselves been seeing triple-digit year-on-year sales gains. I think I've also read that an increasing proportion of the EVs Tesla sells in Europe are shipped in from China. David Roden, EVDL moderator & general lackey To reach me, don't reply to this message; I won't get it. Use my offlist address here : http://evdl.org/help/index.html#supt = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = Hope inspires and comforts, but it's fear and rage that get voters to the polls. -- Found on the net = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = = _______________________________________________ Address messages to ev@lists.evdl.org No other addresses in TO and CC fields UNSUBSCRIBE: http://www.evdl.org/sub/index.html CONFIG: http://lists.evdl.org/options.cgi/ev-evdl.org ARCHIVE: http://www.evdl.org/archive/ INFO: http://lists.evdl.org/listinfo.cgi/ev-evdl.org
