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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

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.


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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