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Volkswagen to slash EV battery costs by 50 per cent
Volkswagen to slash EV battery costs by 50 per cent
March 17, 2021
New cell tech and six new battery factories to deliver more range for less money in 27 Volkswagen MEB-based EV models by 2022
Volkswagen Group will open six new European battery-cell gigafactories by 2030 to meet demand for a wave of almost 30 battery-electric cars to be based on one platform alone by the end of next year, it was revealed at yesterday’s Power Day conference.
That would see the German auto giant release the equivalent of Tesla’s entire new model range every quarter for the next seven quarters. ....

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