VWAGY - Volkswagen Accelerates EV Plans With Battery Factory Opening In China's Hefei: Report | Benzinga
Automotive giant Volkswagen AG (OTC: VWAGY) commenced operations at its first fully owned battery pack production facility in China.
Located in Hefei, the capital of eastern China's Anhui province, the development was recently announced by the local Hefei government.
The establishment of the battery pack plant in Hefei reflects Volkswagen's commitment to expanding its electric vehicle production capabilities in the world's largest auto market, reported ...