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VW Wants To Be The EV Market Leader In 2025

This announcement comes shortly after VW confirmed during its ‘Power Day’ event that it will build at least six gigafactories across Europe to secure its supply of electric vehicle batteries moving into the EV future. It is hoped that these six facilities will churn out 240 GWh of batteries per year, equal to the batteries of over 5 million ID.3s in the lowest-range configuration. The first two gigafactories will be located in Salzgitter, Germany, and Skellefteå, Sweden. The Swedish factory will handle production of lower-volume, higher-price batteries to be used by the company’s premium brands, whereas the German site will produce a newly-designed cell set to power 80 percent of all EVs from the Volkswagen Group by 2030.

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