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German carmaker Volkswagen has announced plans to build six battery

German carmaker Volkswagen has announced plans to build six battery cell production plants in Europe as part of its efforts to expand its electric vehicle production capacity. The new plants will produce a total of 240 GWh of battery cells per year, making Volkswagen one of the world's largest producers of electric vehicle batteries.

In addition to building the new battery cell production plants, Volkswagen also plans to expand its network of EV charging stations. The company aims to deploy a total of 18,000 charging points across Europe by 2025, with a focus on providing high-speed charging for long-distance travel.

According to Herbert Diess, CEO of Volkswagen, "With these investments, we're taking a major step forward in our efforts to become a leader in electric mobility. By building our own battery cell production capacity and expanding our charging infrastructure, we're not only supporting the transition to electric vehicles, but we're also helping to build a more sustainable future."

This announcement by Volkswagen is a significant investment in the production of electric vehicle batteries and the expansion of EV charging infrastructure. With more and more carmakers investing in electric vehicle production and charging infrastructure, we can expect to see continued growth in the EV market in the coming years.