Basically it goes on about the land and what it needs to secure from the owner. the last paragraphs as follows:-
However, even if Volkswagen decides not to build in Pilsen, this does not mean that a battery factory could not be established here. "Even if VW decides to build elsewhere, we would like to have a similar gigafactory on the airport grounds," Bernard added. There are more potential investors who are considering the construction of such a factory in the Czech Republic. CEZ, for example, is negotiating with five companies interested in the location of the former Prunéřov I lignite power plant. "Negotiations are developing positively. We want to decide on their result this year, "said ČEZ spokesman Roman Gazdík. The group did not answer the E15's question whether VW has already decided on a location for the Central European gigafactory and when it will officially announce the verdict. In mid-April, however, his press office for the E15 newspaper said that the choice of location would depend on about a hundred different criteria. These include, for example, infrastructure, logistics, available labor, green energy or the conditions for possible government support.
EMH Price at posting:
98.5¢ Sentiment: Buy Disclosure: Held
