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Volkswagen Puts €500 Million In Northvolt To Produce 60 GWh in Cells

Volkswagen already presented how important Northvolt is for its electric car plans. The Swedish battery manufacturer will be in charge of the group’s cells for premium vehicles. At Volkswagen Power Day, the idea was that its Skellefteå plant would make 40 GWh per year in cells. Still, the German carmaker just invested €500 million ($620 million) for it actually to reach an annual production of 60 GWh.

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QuantumScape And VW Are Selecting Where To Make Solid-State Cells

QuantumScape And VW Are Selecting Where To Make Solid-State Cells May 17, 2021 at 8:31am ET ++ Salzgitter is so far the location with more chances to produce these batteries. After a Scorpion Capital report claimed QuantumScape was a “pump-and-dump SPAC scam,” the solid-state battery startup could not seem to care less. It released on May 14 that it is in the process of selecting where it will produce solid-state batteries with Volkswagen. Both companies currently have a preference for Salzgitter, a city that was mentioned more than one at Volkswagen Power Day. Salzgitter will be where the German carmaker will have its first 40 GWh gigafactory in Europe. It already houses Volkswagen’s first recycling plant, which started to operate in January. Apparently, it will be the company’s manufacturing headquarters for batteries. The recycling plant could source raw materials to the solid-state cell plant in a much easier way.

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Volkswagen Surprises Battery Suppliers With Unified Cell

Volkswagen Surprises Battery Suppliers With Unified Cell ++ Ironically, LGES and SK Innovation should have seen it coming. Although Volkswagen’s unified cell can make it save a lot and offer cheaper electric vehicles, some are not very happy with the news. LGES (LG Energy Solution) and SK Innovation were caught by surprise and thought Volkswagen would talk to them before deciding to adopt a single and unusual modular battery. Ironically, the legal quarrel between LGES and SK Innovation in the US could be one of the reasons for Volkswagen to have decided to have its own battery format regardless of the chemistry, as the company disclosed at the Volkswagen Power Day.

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Porsche Bets On Silicon And Premium High Power Charging Areas For EVs

Porsche Bets On Silicon And Premium High Power Charging Areas For EVs
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Volkswagen Says This Prevents Chinese Customers From Adopting EVs

Volkswagen Says This Prevents Chinese Customers From Adopting EVs
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