PRAGUE (Reuters) – German car group Volkswagen will not decide at the moment on a further site for a new battery factory site, Chairman Oliver Blume said on Wednesday after talks with Czech government officials this week.
“Based on market conditions including the sluggish ramp up of the BEV market in Europe… there is for the time being no business rationale for deciding on further sites,” he said in a statement provided by Volkswagen’s Czech unit Skoda Auto.
(Reporting by Jason Hovet, Editing by Louise Heavens)
