Volkswagen building new battery system factory in China's Hefei city
BEIJING : Volkswagen AG said on Thursday it is building a new battery system factory in eastern China's Hefei city which will start production in 2023.The German automaker said it would invest more than 140 million euros (US$164 million) in the battery plant by 2025. It is building a factory for el
BEIJING : Volkswagen AG said on Thursday it is building a new battery system factory in eastern China's Hefei city which will start production in 2023.The German automaker said it would invest more than 140 million euros (US$164 million) in the battery plant by 2025.
It is building a factory for electric vehicles under a majority-owned venture in the Hefei city.(US$1=0.8538 euros)(Reporting by Yilei Sun and Brenda Goh; editing by Jason Neely) Read more: CNA »
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