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The Volkswagen Group is said to be working with a Korean company to build a Gigafactory battery in Europe.

German publication Manager Magazine reports that the automaker is partnering with Korea's SK Innovation in a deal worth billions of dollars. The publication emphasizes that negotiations are still ongoing and a final decision is still pending.

The construction of its own battery cells would allow Volkswagen to avoid delivery bottlenecks, which could be used in the rapid production and introduction of purely electric vehicles, By 2025, the car manufacturer wants to sell around three million electric vehicles a year.

The company's current battery cells are supplied by Korea's LG Chem and Samsung. SK Innovation is the third largest manufacturer of battery cells.

Throughout the year, numerous reports have surfaced suggesting that Volkswagen has warmed to the idea of ​​building its own batteries. VW CEO Herbert Diess admitted in August that the company should not make long dependent on Asian battery manufacturers.

If the German group decides to build its own batteries, it could immediately jump to the production of advanced solid state batteries instead of the lithium ions currently used in the industry. Diess says that advances in ceramic separators have increased the viability of mass production of solid-state cells and that Germany was one of the potential locations for a European gigafactory.

The first completely new electric car from VW will be that I WOULD. hatchbackallegedly called Neo. The vehicle is offered with a choice of three battery sizes with a range between 330 km and 600 km.

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SOURCES: CARSCOOPS BMWBLOG MOTORAUTHORITY
CLASSICCARS MOTOR1 JALOPNIK FOURTITUDE INSIDEEVS
DUPONTREGISTRY AUTONEWS OLDCARSWEEKLY
INDIANAUTOSBLOG CARCOMPLAINTS LUXUO AUTOPARTSWAREHOUSE
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