Quote (Hamsterbaby @ 2 Dec 2022 16:22)
Is Volkswagen moving factories to USA?
Moving? No, not yet. As far as I know, VW is currently planning 6 new battery factories for EVs in Europe and simultaneously looking to open its first factory in North America, potentially Canada, with a second one to follow in the U.S.
European business leaders are cautioning, however, that future investment in energy-intensive production will increasingly take place outside of Europe if the energy prices cannot be brought down.
It's basically like I've said repeatedly in this thread: a lot will depend on where exactly energy prices in Europe will settle long-term. Somewhat higher energy prices than the pre-war level are surely sustainable; the current, sky-high prices are definitely not.