Similar Stories to As Ev Sales Slump, Volkswagen Scales Back Battery Factories Buildout on Bing News

Jonathan M. Gitlin, Ars Technica
Fri, 08/23/2024 - 8:00am

Enlarge / A VW worker on the assembly line at Emden in Germany. (credit: Volkswagen) Volkswagen will wait to see what electric car demand is like before building out all six of its previously planned battery factories. Thomas Schmall, VW's board member in charge of technology, told a German newspaper that "building battery cell factories is not an end to itself" and that a goal of 200 GWh of lithium-ion cells by 2030 was not set in stone. It's a bit too simplistic to say that all new technologies conform to the now-infamous Gartner hype cycle, but it's hard not to think of that squiggly line when discussing EVs.

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BING NEWS:
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    09/11/2024 - 4:11 am | View Link
  • VW Defends Plan to Shut German Factories With Plunging Sales
    Volkswagen AG defended plans to consider unprecedented factory closures in Germany, saying flagging car sales have left the company with about two plants too many.
    09/4/2024 - 3:11 am | View Link
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