Connect with us

Hi, what are you looking for?

CleanTechnica

Batteries

Volkswagen Considering $11 Billion Battery Factory In Germany

Originally published on EV Obsession.

The Volkswagen brand has become the face of auto-industry corruption, arrogance, and entrenched interest. The only motivating factor for the higher-ups at the company in recent years seems to have been profits — with no sense of responsibility for the truth, for public health, or for the wider environment apparently being present at all.

With that in mind, the company has been on something of a PR blitz recently, trying to salvage the brand name if possible. The latest news on that front is that the company is now considering investing $11 billion into the development of a dedicated battery factory in Salzgitter — which would presumably support the production of the company’s previously hinted at future electric vehicle (EV) offerings.

Volkswagen logo

The prominent German business newspaper Handelsblatt has reported that the Volkswagen board is slated to vote on the proposal on June 22.

Gas 2 provides more:

The newspaper says VW wants to be independent of the world’s principal battery makers — Panasonic, LG Chem, and Samsung. It offered no details on what battery chemistry Volkswagen will use to produce its batteries.

Volkswagen’s new head, Matthias Müller, says he and his team are working on a new strategy to dig the company out from under the diesel emissions cheating mess that has left it humiliated and demoralized. The plan calls for producing 1 million electric and plug-in hybrid cars annually by the year 2025. That is 5 years after Elon Musk says Tesla Motors will accomplish the same feat. The Volkswagen strategy relies heavily on the new MEB modular chassis it has developed for the BUDD-e electric car unveiled at CES in January. The new platform will support both all-electric and plug-in hybrid powertrains, allowing Volkswagen to adjust rapidly to changing customer expectations.

All of that said, the company still has quite a lot of legal issues to deal with. Governments in the US and Korea are still actively considering pressing criminal charges, and there are many tens of billions in damages likely to be claimed by various parties around the world as well.

The future of the brand is still, to my eyes, an open question at this point — it’s not as simple as purging the leadership, embracing EVs, and saying that everyone else who stood to benefit from the company’s previous actions is blameless….


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

 
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

Comments

#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.

 

Support our work today!

Advertisement

Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports

Advertisement

EV Sales Charts, Graphs, & Stats

Advertisement

Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like

Cars

The idea of using vehicle-to-grid (V2G) technology to stabilize the grid has been discussed for years. When will it become part of the electrification-of-everything...

Cars

Volkswagen says the Biden EV initiative is causing it to rethink it US sales strategy for electric cars.

Cars

The German plugin vehicle market scored over 54,000 registrations last month, with both technologies rising fast (+380% year over year for BEVs and +303%...

Cars

Electric vehicle technology has advanced tremendously in the past few years, let alone the past decade. The two topics of this week’s CleanTech Talk...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.