Interestinghttps://www.bloomberg.com/news/articles/2022-04-07/volkswagen-scouts-for-more-u-s-battery-output-for-ev-push?
Dated: April 7th
VW’s purchasing chief Murat Aksel is traveling to the U.S. on Sunday to meet with battery producers among other suppliers. The manufacturer is starting output of the electric ID.4 later this year at the company’s plant in Chattanooga, Tennessee.
“We need also, most probably, battery factories in the U.S., and we are investing here,” Aksel said Thursday in an interview with Bloomberg Television. He added he’ll be looking at potential sites during his trip.
Last month, VW earmarked $7.1 billion over the next five years to improve its U.S. offering, battery research and manufacturing capabilities.