08
Dec
15:02
Volkswagen announces €460m to boost Wolfsburg’s electrification
Volkswagen has confirmed the initial allocation of €460 million ($484.7m) towards the electrification of its main plant, Wolfsburg, in Germany, Kallanish reports.
The investment will be made by early 2025 and will be primarily earmarked for preparations to produce the new ID.3 compact all-electric vehicle. The car will leave the assembly line in Wolfsburg from 2023 under a partial production basis. Full production is to follow in 2024 and ramp up t…
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Anonymous
Very good overview of the weekly steel market.
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