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Will we produce batteries for electric cars? The Czechia is negotiating with two investors

One of the potential investors in the construction of a battery factory is the Volkswagen Group. The second is unknown.


The Czech government is negotiating with two potential investors, including the Volkswagen Group, to build a factory for batteries for electric cars in the Czech Republic. It is ready to support the project with incentives worth billions of crowns. This was told to Reuters by the Minister of Industry Karel Havlíček (for YES).

The German Volkswagen, which also includes the Czech carmaker Škoda Auto, announced in March this year that it plans to have six battery factories in Europe by 2030. He stated that one could stand in the Czech Republic.

Havlíček told Reuters that the government is also negotiating with another potential investor, but declined to name him. For example, the American Tesla, building a factory near Berlin, is offered. Although the batteries will be manufactured right there, the company can also look for an additional supplier. However, Czech battery production may also be useful for other carmakers planning to expand their electrically powered models.

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