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Volkswagen Group China building battery system factory in Anhui to strengthen BEV value chain

Green Car Congress

Volkswagen Group China is commencing construction of a battery system production factory in Hefei (Anhui province). VW Anhui Components Company is the first battery system plant to be wholly owned by the Group in China. Thus, Anhui is an important pillar of our global battery strategy.

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Volkswagen starts operation of $22M North American Battery Engineering Lab in Chattanooga

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Volkswagen of America (VWoA) opened its Battery Engineering Lab (BEL) in Chattanooga, to test and optimize batteries for all electric vehicles in the American marketplace. With the BEL, Volkswagen is adding more highly-qualified jobs. The BEL’s focus on sustainability goes beyond its work, encompassing the facility's operation.

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Li-ion maker A123 Systems to build HQ complex in Michigan, shrink US cell manufacturing

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A123 Systems LLC, a developer and manufacturer of advanced lithium-ion batteries and systems, plans to spend $40 million to build a new headquarters complex in Novi, Michigan. The company expects that its payroll will surpass its current level by $10 million annually by the end of 2019.

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Volkswagen to spend ~€44B on e-mobility, autonomous driving, new mobility services and digitalization through 2023

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This represents approximately one-third of total expenditure for the 2019-2023 planning period and is the outcome of the Group’s planning round, which has now been completed and was discussed and endorsed by the Supervisory Board of Volkswagen Aktiengesellschaft at its meeting on Friday. Earlier post.)