in other BIG industry news -- wonder who they might partner up with!? who has lithium supply that is not yet partnered up yet?!
Volkswagen to invest just under €1 billion to set up a battery cell production facility with a partner.
Volkswagen announced today that the Supervisory Board and Board of Management approved the plan to build a battery plant in Lower Saxony (Salzgitter), Germany.The planned investment will be just under €1 billion ($1.12 billion), which sounds like one of the biggest gigafactories in the world.The German manufacturer currently was producing only battery modules and packs, but in the not too distant future, it will be able to produce cells, which means total vertical integration (including recycling also in Salzgitter).
https://insideevs.com/news/349379/vw-approves-big-investment-in-battery-cell-factory/?fbclid=IwAR1l4U2pBMGy3NEqj_I22FzL8bIVK-UAfTT3RI15RStujlDM6aD9i1biGY8
- Forums
- ASX - By Stock
- FFX
- Current SP and any other thoughts
Current SP and any other thoughts, page-2405
-
- There are more pages in this discussion • 5,324 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online