Volkswagen Re-Evaluates Ambitious Battery Production Targets Amid Uncertain EV Demand
Volkswagen’s ambitious goal of producing 200 gigawatt-hours of battery capacity by 2030 is now under reconsideration, according to Thomas Schmall, the company’s head of batteries. Speaking to German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS), Schmall acknowledged that the target is not “set in stone” and that future production would depend heavily on the development of the […]