VW reconsiders EV battery factory location lured by US$10 billion in US government subsidies

[Redaktion]

Yet another European battery factory may fall victim to President Biden's federal tax credits for made-in-US packs, this time a VW project. Instead of building it in Eastern Europe, VW ran the numbers and concluded that it will be better off collecting US$10 billion in US government subsidies for it.

https://www.notebookcheck.net/VW-reconsiders-EV-battery-factory-location-lured-by-US-10-billion-in-US-government-subsidies.699778.0.html