Fluffy may be on to something in his previous posts...Das Auto and a Sushi connection?


"...Diess said that several VW factories will be set up to build electric cars, possibly including one in North America. The supply chain is probably a bigger challenge: Where will VW get all of the batteries it needs to power all of those vehicles?"


"...the easy answer is Asia: Several Chinese and Korean companies are aggressively expanding their lithium-ion battery-cell production capabilities. But Diess doesn't want to be entirely dependent on Asian suppliers, and he hinted that VW may seek to build its own battery-production facilities in Europe."


"...in June that VW was considering an $11 billion plan Opens a New Window. to build a massive battery-manufacturing facility at a site near an existing VW engine factory in Germany. The size of the investment suggests a factory that could rival, or even exceed, the planned output of the $5 billion Tesla Gigafactory..."

Link: foxbusiness.com