Chinese local govt says Volkswagen begins operating first wholly owned battery pack plant

Volkswagen (VOWG_p.DE) has begun operating its first wholly owned battery pack production plant in China in eastern Anhui province’s capital Hefei city, the local Hefei government said on Tuesday.

Volkswagen Anhui will also begin mass-production of pure electric models based on the MEB platform by the end of 2023, the government said.

It also stated that a total of 1.5 billion yuan ($208.01 million) have been invested in the battery pack plant.