Hillcrest Energy Technologies Ltd V.HRH

Volkswagen has become one of the biggest producers of EVs

[Checkout]

VW Deal Opens Doors

After signing an 11-figure order with the Northvolt gigafactory in Sweden, they will pay $1.4 billion every year for the next decade to help produce solid state EV batteries for their vehicles.

That’s because over the last year, Volkswagen has become one of the biggest producers of EVs in the world, as they continue closing the enormous lead Tesla once held.

And VW is set to ramp up production capacity to an incredible 1.5 million electric vehicles by 2025.

https://masterinvestor.co.uk/why-volkswagens-14-billion-deal-could-be-a-massive-win-for-united-lithium/?utm_source=ca_rtg&utm_medium=display&utm_campaign=digitonic&gclid=Cj0KCQjwhr2FBhDbARIsACjwLo1uWqjh3unvjZPkLXLo-_t_UZq0bq6Vo2p6rps_lz6gla3VTeagfSsaAqQdEALw_wcB