Volkswagen Begins Operating First Wholly Owned Battery Pack Plant in China – Local Govt
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BEIJING (Reuters) – Volkswagen has begun operating its first wholly owned battery pack production plant in China in eastern Anhui province’s capital Hefei city, the local Hefei government said on Tuesday.
Volkswagen Anhui will also begin mass-production of pure electric models based on the MEB platform by the end of 2023, the government said.
Total investment in the battery pack plant amounts to 1.5 billion yuan ($208.01 million), it added.
($1 = 7.2111 Chinese yuan renminbi)
(Reporting by Beijing Newsroom; Editing by Muralikumar Anantharaman)
Copyright 2023 Thomson Reuters.
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