VW says it needs ’40 gigafactories’ for electric-car batteries by 2025

By [email protected] (Sean Szymkowski) VW Group remains one of the world’s three largest carmakers, along with Toyota and General Motors, but the German automaker foresees challenges ahead. Specifically, VVolkswagen believes the industry will face a shortage of lithium-ion batteries if new investment is not made soon for additional cell fabrication factories, often referred to using…

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