Volkswagen Pushes Into Energy Storage on Slow EV Battery Demand


Since launching PowerCo in 2022, Volkswagen has halved the ramp-up capacity at the Salzgitter cell plant to 20 gigawatt-hours annually, reflecting weaker-than-expected EV uptake. While the company has stuck with plans for long-term capacity of as much as 200 gigawatt-hours across three planned factories in Germany, Spain and Canada, executives have acknowledged that the expansion will depend on conditions in the automotive market.



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