Sluggish EV market puts Volkswagen’s Gigafactory on ice
November 03, 2023
Volkswagen is pulling the brakes on its expansion strategy for Gigafactories in Europe. The German carmaker was to decide upon a forthcoming cell factory in the East European region. Still, group CEO Oliver Blume stopped the process, citing the slow EV market as one of the main reasons. Currently, Volkswagen is constructing battery factories at […]
