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In its preliminary section, the manufacturing unit is about to have an annual capacity of 20 gigawatt hours; this is planned to double to forty gigawatt hours at a later stage. On the basis of the current planning round, the Volkswagen Group is investing closely in growing battery cell production in Salzgitter. All in all, €2 billion has been earmarked for the construction and operation of the Salzgitter gigafactory as a lot as the start of manufacturing. Volkswagen establishes a European firm (Société Européenne) to consolidate activities Business Marketing along the value chain for batteries – from processing uncooked materials…Continue Reading