Personal tools
log in | join | help

Report claims VW is spending $15.5B to build a giant battery factory

by LiveModern Webmaster last modified Jun 02, 2016 01:06 AM
Editorial Rating: 1 2 3 4 5
Average Rating: 1 2 3 4 5 ( 0 votes)
by Cat DiStasio last modified Jun 01, 2016

Volkswagen is reportedly preparing to make a major investment in electric car technology, and hopefully buy some positive press as well. Less than a year after its enormous emissions scandal and the massive recall that followed, the German car company may spend up to $15.5 billion to build a manufacturing plant for electric car batteries. The move would support the company’s lofty goal to sell one million electric and hybrid vehicles annually by 2025. The massive battery factory...






Website migration, maintenance and customization provided by Grafware.