Reports: VW considering multi-billion euro battery factory

clock • 1 min read

Move could form part of major move towards electric cars in wake of emission testing scandal

Embattled German carmaker Volkswagen is reportedly considering investing up to €10bn in a major new battery factory to rival Tesla's "Gigafactory" venture. According to reports in Germany's Handelsblatt...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Royal Mail revs up micro electric vehicle fleet

Royal Mail revs up micro electric vehicle fleet

Company debuts new fleet of over 100 mini EVs that promise to slash carbon emissions by over 240 tonnes a year

James Murray
clock 14 November 2025 • 2 min read
 BMW teams up with Kaluza to offer vehicle-to-grid smart charging for EVs

BMW teams up with Kaluza to offer vehicle-to-grid smart charging for EVs

Partnership offers drivers access to fully automated, intelligent EV charging systems that access the cheapest and cleanest electricity available

clock 12 November 2025 • 1 min read
SMMT: Used electric car market grows 44 per cent

SMMT: Used electric car market grows 44 per cent

But trade body warns proposed cuts to employee car ownerships schemes could 'stifle' supply of good quality used electric cars

clock 10 November 2025 • 3 min read