Volkswagen's goal of building 200 gigawatt-hours of battery capacity by 2030 could change depending on how demand for electric vehicles develops.
GDANSK/BERLIN ? Volkswagen's goal of building 200 gigawatt-hours of battery capacity by 2030 is not 'set in stone' and the carmaker will monitor how demand for electric vehicles develops, its batteries chief told German newspaper FAS on Friday. 'Our goal is realistic, but it is not set in stone. Building battery cell factories is not an end in itself.
Volkswagen had said in 2021 that it wanted to build up to 240 gigawatt-hours of battery capacity by 2030, of which 200 gigawatt-hours would be built by its battery subsidiary PowerCo. It wanted six factories in Europe by the end of the decade. But Schmall has re-evaluated that goal multiple times since then, leaving up in the air whether the carmaker will build additional plants, including one it was considering building in Eastern Europe, or expand existing ones.
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