Volkswagen postpones decision on gigafactory in eastern Europe by several months -CTK news agency

This post was originally published on this site

PRAGUE (Reuters) – Volkswagen AG (OTC:VWAGY) postponed its decision on the placement of a gigafactory for electric car batteries in eastern Europe by several months, CTK news agency reported on Thursday.

The Czech Republic has been among the locations considered for the plant which should start producing batteries in 2027.