Volkswagen’s (VW) Power Day saw the German automaker take its first major step in the battery arms race, committing to bring 240 GWh of capacity to Europe, outlining its cell format and chemistry plans and giving a glimpse of its supply chain strategy.
Here, Benchmark assesses the key discussion points from VW’s announcements (and omissions) below.
VW enters the battery arms race with 240 GWh plans for 2030
VW outlined a road map to have six 40 GWh cell manufacturing plants with a total of 240 GWh of capacity by 2030. The company made clear that . . .