“Own battery production would be a ‘joke’”
German automaker VW will not start its own e-car battery cell production because the company believes it would be too expensive. “That would be a joke,” said VW CEO Matthias Müller after months of speculation on the issue, according to German news agency dpa. He said the company was studying batteries’ entire production chain and would probably announce by the end of this year how to deal with the issue.
Read the dpa report in German here.
For background, read the CLEW dossier Car giant Germany struggles to ignite Energiewende in transportation.