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Volkswagen's Battery Plant In Germany To Operate At Reduced Capacity Amid Financial Strains
Friday, September 6, 2024 - 8:34am | 453Volkswagen AG’s (OTC:VWAGY) PowerCo battery subsidiary has decided to operate its Salzgitter plant in Germany at half its planned capacity. This decision comes in the wake of financial pressures and a dip in the demand for electric vehicles. What Happened: The company’s technology chief...