VW Brand

Canada has the raw materials and knowhow required for modern battery production. It would only make sense to set up a factory central to the trending demand. It’s the next logical step.

Reuters »

Volkswagen (VOWG_p.DE) is looking at setting up a battery cell factory in Ontario, Germany’s Handelsblatt business daily reported on Tuesday, adding the Canadian province had offered investments and other incentives.

Five entries from this month are listed in a lobby register of the province for Volkswagen, including one that mentions Volkswagen Chief Executive Oliver Blume by name, the report said, citing the documents.

Read the whole Reuters report »

Elsewhere » Car Scoops