Volkswagen pushes battery partners to construct Gigafactories

by SpeedLux
Images of Volkswagen T-ROC

Volkswagen is pushing its joint venture partners consisting of SK Innovation (SKI) to construct electric car battery plants which have at least one Gigawatt manufacturing capacity, CEO Herbert Diess informed Reuters.

“Anything below that amount would make little sense,” Diess stated on the sidelines of the Shanghai Auto Show on Sunday.

Volkswagen will purchase 50 billion euros ($56.57 billion) worth of battery cells for electric vehicles and has figured out South Korea’s SKI, LG Chem and Samsung SDI as strategic battery cell providers along with China’s Contemporary Amperex Technology (CATL).

The German automaker is renovating 16 factories to construct electric vehicles and prepares to start producing 33 different electric cars under the Skoda, Audi, VW and Seat brands by mid 2023.

“We are considering an investment in a battery manufacturer in order to reinforce our electrification offensive and build up the required know-how,” Volkswagen stated.

SKI is constructing a battery cell manufacturing plant in the United States to supply automaker’s plant located in Chattanooga, Tennessee.

SKI will provide lithium-ion battery cells for an electric car that Volkswagen prepares to start making in Chattanooga in 2022.

LG Chem, Samsung and SKI on will also provide battery cells for Volkswagen in Europe. CATL is the automaker’s strategic partner for China, and will provide batteries for its electric fleet from this year.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.


SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.


©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More