VW bails on its plan for a $2.1B EV plant in Germany

Volkswagen’s $2.1 billion plan to launch a dedicated electric-vehicle factory in Wolfsburg, Germany is kaput. 

The automaker instead reportedly plans to modify its existing plants in Zwickau and Wolfsburg to handle production of a new flagship EV — the postponed Project Trinity — and an all-electric Golf hatchback. 

Read more on:
https://techcrunch.com/2023/09/29/vw-bails-on-its-plan-for-a-2-1b-ev-plant-in-germany/