when it comes to the production of

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electric vehicles tesla is considered
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the leading company however the second
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most popular electric car vehicle
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producing company is volkswagen and this
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company has been making moves to surpass
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tesla and as one of their attempts they
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have recently broken ground on their
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first battery gigafactory yes you heard
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me right volkswagen made its own
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gigafactory what's so impressive about
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this new gigafactory and how will it
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improve volkswagen's chances of
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dominating the eb market and surpassing
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tesla join us as we explore volkswagen's
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new gigafactory which perfectly fits
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inside volkswagen's secret plan to take
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down tesla
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volkswagen began to focus on producing
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electric vehicles in 2017 and plan to
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have at least 30 electric vehicle models
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launched by 2025. in september of 2017
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then ceo of volkswagen matthias mueller
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stated that the company intended to have
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electric versions of all its vehicle
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models by 2030 at the cost of 20 billion
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euros and 50 billion on the acquisition
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of batteries
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in september of 2018 volkswagen
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announced its 100 million dollar
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investment in silicon valley-based
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solid-state battery startup quantum
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scape becoming the startup's largest
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automotive investor and gaining
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representation on its board the two
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companies combine their strengths in the
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new joint venture with volkswagen
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contributing its production expertise
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and know-how and scaling projects while
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quantum scape brought its technology
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leadership in the field of solid-state
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batteries to the joint venture the
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shared goal was to enable an industrial
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level of production of solid-state
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batteries
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when it comes to producing electric
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vehicles battery production is
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considered one of the most important
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aspects of it since their entrance into
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the ev market volkswagen has been
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working toward fixing this important
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issue over time they've come up with
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different solutions to the battery
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production issue but the most efficient
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solution was to take up the production
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themselves
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until now volkswagen has primarily
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relied on asian mainly chinese battery
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makers to fit their vehicles however
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these western automakers are keen to
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bring production in-house to lessen
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supply disruptions and keep the added
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value from battery production
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as a result volkswagen planned to
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establish six gigafactories in europe to
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cover the growing demand for battery
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cells within the group
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so what is there to know about this new
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gigafactory being unveiled by the
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company volkswagen officially commenced
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developing its new battery factory at
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salts gitter germany nicknamed saul's
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giga this gigafactory will serve as a
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hub for global battery activities and
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vertical integration of the battery
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supply chain according to the company's
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original plans battery production
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insults getter is set to start in 2025.
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with that in mind the company has
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decided to break ground on the new
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gigafactory this year
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volkswagen has set quite the ambitious
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goal of becoming the world's biggest
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electric car manufacturer by 2025 and
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they put a total of 46.8 billion dollars
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over the next five years into this goal
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the current ceo of volkswagen herbert
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dees said if germany and europe don't
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want to be left behind by the us and
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china we need to focus more on the
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technologies of the future the german
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automakers consider sol's giga as a
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blueprint and starting point for what
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the company terms a global battery
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offensive which includes all the six
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battery factories in europe plus the
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prospect of further factories in north
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america soon this makes you wonder how
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the establishment of this new
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gigafactory will improve its standing in
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the ev market
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the saul's getter gigafactory will
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support more than 20 000 future proof
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jobs and will be supported by a supplier
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park in its early phase the gigafactory
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is set to have an annual capacity of 20
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gigawatt hours however sol's giga will
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ramp up to 40 gigawatt hours of power in
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its later stage which is proposed to be
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enough for about 500 000 electric
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vehicles
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sol's giga will produce volkswagen's new
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prismatic unified cell format that will
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eventually be installed in 80 of the
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company's electric vehicles by the end
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of the decade the volkswagen group plans
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to invest heavily in developing battery
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cell production in the sols getter
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gigafactory all things considered 2
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billion euro has been set aside for the
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creation and operation of the sols
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getter gigafactory up to the start of
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production
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that said the volkswagen group has also
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created a separate startup called
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powerco and that will set up and oversee
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these factories part of the german
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automaker's goal with powerco is to
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lessen battery cost by up to 50 percent
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to achieve that power co will invest
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more than 20.4 billion dollars with
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long-term aims to achieve more than this
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amount in annual sales
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the new cell format will be deployed
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across the company's ev brands and is
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scheduled to debut in a model set to
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launch in 2026 the cell will be made
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with green electricity and the focused
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facilities in standardized format will
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help attain a recycling rate of over 90
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percent as part of the raw material
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cycle
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all gigafactories will be equipped with
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the same standardized equipment
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powerco is currently referred to as one
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of the most important startups in the
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history of germany volkswagen has plans
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to accelerate past tesla to become the
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world's leading ev producer but to do
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that it needs to bring cell production
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to its home turf the company also plans
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to have an annual capacity of 240
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gigawatt hours by 2030. in addition to
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salt skidder they also have identified
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valencia spain as the location of the
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second battery gigafactory and also
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looking into building additional battery
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factories in the us
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now that volkswagen has at least one
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gigafactory of its own power co will
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effectively shoulder the company's
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ambition and determine how quickly it
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can build its power base
English (auto-generated)
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