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Volkswagen establishes a European company (Société Européenne) to consolidate activities along the value chain for batteries – from processing raw materials to developing a unified Volkswagen battery to managing the European gigafactories. The company’s scope will include new business models based around reusing discarded car batteries and recycling the valuable raw materials they contain. The Group is thus creating efficient and future-proof structures for the rapidly growing battery business. As part of its NEW AUTO strategy, the Volkswagen Group is aiming to become the world’s leading manufacturer of electric vehicles. To this end, it is expanding its battery-related activities and making these into one of its core competencies.

Media contacts

Ariane Kilian
Volkswagen Group Components | Head of Communications
Tel. +49 (0) 5361 / 9-975792
Dr. Stefan Ernst
Volkswagen Group Components | Spokesperson Battery
Tel. +49 (0) 5361 / 9-960976