VW to make EV batteries with China's Guoxuan in Germany

German automaker eyeing Spain as another production base

20210715 VW

Volkswagen plans to have six plants in Europe by 2030 to produce batteries for electric vehicles. (Photo by Kosei Fukao)

KOSEI FUKAO, Nikkei staff writer

FRANKFURT -- Volkswagen will manufacture batteries for electric vehicles in Germany with a leading Chinese manufacturer, starting in 2025.

The German auto group will build its second EV battery plant in Salzgitter in a joint effort with Guoxuan High-tech to produce low-cost batteries for economy EVs, the company said in a statement on last Tuesday.

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