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Volkswagen is looking to increase production of battery cells for electric cars in the coming years, with the German auto giant on Monday announcing plans to set up several “mega factories” in Europe by the end of the decade.
“Together with our partners, we want to have a total of 6 cell factories in Europe by 2030,” Volkswagen Group CEO Thomas Schmol said in a statement.
He added that this step will ensure “security of supply”, according to “CNBC”, and seen by “Al-Arabiya.net”.
According to Volkswagen, it is expected that once the factories are fully operational and operational, it will be able to manufacture battery cells with a combined energy value of 240 gigawatt hours per year.
The first two will be located at the Northvolt plant in Sweden and at the Volkswagen site in Salzgitter, Germany.
In its own announcement on Monday, Northvolt said it had received a $ 14 billion battery production order from Volkswagen, which would increase its stake in the Swedish battery maker.
Volkswagen will also focus on the development of a “new unitary cell” which will be introduced in 2023 and used in up to 80% of the group’s electric vehicles by 2030.
“On average, we will reduce the cost of battery systems to well below 100 euros (about $ 119.19) per kilowatt hour,” said Shumoul.
On the freight front, Volkswagen has announced plans to operate around 18,000 “public express charging points” in Europe by 2025. This will be achieved through its joint venture, known as “IONITY”, with d ‘other major automakers, as well as what it has with a “series of strategic partnerships”.
In China, another joint venture will aim to add 17,000 express shipping points by the middle of this decade. In North America, plans are in place for around 3,500 express charging points by the end of 2021.
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