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VW breaks ground on first EV “gigafactory,” starts PowerCo business to oversee it and many more


Volkswagen officially broke ground Thursday on what it’s nicknaming SalzGiga—VW’s battery factory at Salzgitter, Germany, that will serve as a hub for global battery activities and vertical integration of the battery supply chain. With that, VW also formalized the name of the separate startup, called PowerCo, that will set up and… More…

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