PRAGUE — Volkswagen Group is suspending its determination on the place to find a deliberate gigafactory for electrical automobile batteries in jap Europe past 2022.
VW pointed to the present financial setting in asserting the choice on Thursday.
“Volkswagen AG and its battery firm PowerCo are repeatedly evaluating appropriate websites for his or her subsequent gigafactory in Europe,” VW stated.
“Up to now, no selections have been taken, the analysis course of is ongoing,” the corporate stated.
The CTK information company earlier reported that the choice can be postponed by a number of months.
The Czech Republic is among the many areas thought of for the plant, which ought to begin producing batteries in 2027. The others are in Hungary, Poland and Slovakia.
Skoda, Volkswagen’s Czech unit, in October stated it anticipated its mum or dad to decide on the placement by the tip of 2022.
“There isn’t any strain to behave as we take some extra time for determination making in mild of present circumstances,” VW stated. “At current, there isn’t any influence on deliberate begin of development or begin of manufacturing.”
VW’s deliberate battery cell plant in jap Europe can be the fourth beneath its plan to construct six such websites throughout Europe by the tip of the last decade.