Volkswagen to open six battery giga-factories in Europe by 2030

German carmaker Volkswagen Group is working on the development of six battery-manufacturing sites in Europe to guarantee security of supply for its electric vehicle (EV) fleet, it said on Monday March 15.

The group was presenting its new technology roadmap for the period to 2030 during its first Power Day event.
"E-mobility has become a core business for us. We are now systematically integrating additional stages in the value chain," Herbert Diess, chairman of the VW Group board of management, said.
The group is working with a number of partners to have the six cell factories online by 2030, it said.

The...

Another 'Bubble Check' for the gold sector

Gold stocks continue to hit new highs

Some mining stocks exposed to Burkina Faso take major hit

Gold stocks again hit new highs

Gold stocks reach new highs on metal price gain