VW Weighs Slower Ramp Up of Battery Production on EV Downturn
- CFO says may take longer than planned to reach full capacity
- EV uptake slows as several countries scrap or lower subsidies
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Volkswagen AG may push out how quickly its upcoming battery factories in Europe reach full capacity as EV sales across the region cool.
The German carmaker still expects to start production next year, though it may take longer than previously planned to scale up the factories to full capacity, Chief Financial Officer Arno Antlitz said Thursday in an interview.