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Volkswagen to participate in battery cell subsidies scheme

Auto News - Published on Mon, 25 Mar 2019

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Volkswagen last week said it had expressed its intent to Germany's Economy Ministry to participate in a state funding scheme aimed at supporting battery cell production for electric vehicles. It said "Volkswagen group wants to take part in Economy Minister Altmaier's initiative support the industrial production of mobile and static batteries.”

More than 30 companies have applied for the program to support the production of battery cells. Interested companies include VW's rival BMW as well as battery maker Varta.

Source :

Posted By : Rabi Wangkhem on Mon, 25 Mar 2019
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