US EditionVolkswagen Commissions First Large-Scale Battery Storage and Increases Energy Trading Portfolio
3 Articles
3 Articles
Volkswagen expands battery focus to energy storage amid slower EV growth
On the Dash: Slower EV demand is prompting automakers like VW to diversify into energy storage and trading. Battery facilities such as Salzgitter may offer new business and grid service opportunities in Europe. Dealers should monitor shifts in VW’s EV production strategy and market-dependent adjustments to battery capacity. Volkswagen is broadening its battery ambitions beyond EVs to include large-scale energy storage and energy trading, as glo…
The "Elli Power Center" in Salzgitter is not too large and yet remarkable: the Volkswagen Group wants to become an "integrated energy player", which combines everything from battery cell production to storage marketing under one roof of the Group. VW also stands for stationary battery storage in the future. The start of this expansion of the business took place with the grid connection of the "Elli PowerCenter" in Salzgitter, which the Group sub…
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