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VW CEO sees case to build own battery factory

It will also cut 30,000 jobs in exchange for a commitment to avoid forced redundancies in Germany until 2025
Monday, November 21, 2016 - 05:50

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In addition, Mr Mueller said VW has been in talks with Uber on potential cooperation but it would not settle for being a mere supplier.

Frankfurt

Europe's largest carmaker Volkswagen (VW) sees building its own factory to make electronic vehicle batteries as a logical move as it expands production of low-emission cars after its emissions scandal.

Volkswagen and its labour unions agreed on Friday to cut 30,000 jobs

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