VW bails on its plan for a $2.1B EV plant in Germany

Volkswagen’s $2.1 billion plan to launch a dedicated electric-vehicle factory in Wolfsburg, Germany is kaput.  The automaker instead reportedly plans to modify its existing plants in Zwickau and Wolfsburg to handle production of a new flagship EV — the postponed Project Trinity — and an all-electric Golf hatchback.  This tracks with an earlier statement from […]

Source: techcrunch.com