Volkswagen Thinks It Needs a Lot of Batteries This Decade… Will We Buy the Electric Cars?

You’re gonna need a bigger battery factory. OK, it’s a Jaws reference, but it seemed right.

Volkswagen executives think they will need about 300-gigawatt hours (GWh) worth of battery cells a year by the end of the decade for their ambitious rollout of electric vehicles in Europe.

The supply chain update is part of the world’s second-largest carmaker’s strategy to raise the share of fully electric vehicles in Europe to more than 70% by 2030 at its core brand, details of which were unveiled last week.

So far, Volkswagen, which sources batteries from LG Chem, Samsung SDI, SK Innovation and CATL, expects annual demand in Europe to be more than 150 GWh from 2025 and to be at a similar level in Asia.

It’s not clear how or where Volkswagen will get all these batteries if every other carmaker is doing the same thing, and it’s not clear that consumers want that many EVs in the first place.

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  1. Wyatt Earp
    Reply

    How is an electric car going save you money? Nobody has explain that yet! So you really thing you will be better off with an electric car? Ok! Then explain how much you thing it going to cost you to fully car that electric car? And it will cost you on your electric bill to the house as well! Does a gasoline car add to your light bills? What you going to do if there no wind blowing to turn those wind Mills? No electricity if the wind doesn’t blow! Those things on top of your house Solar system? If sun not shining there no electricity bring into the house! So why do away with natural gas and coal? No body has prove it will work long term! It just created money for other you can’t afford or don’t have!

  2. Steven Blessie
    Reply

    NOPE BATTERY CARS WONT MAKE IT HERE IN THE US MABEY AS A STORE AN BACK BUT NOT FOR ANY DISTANCE PEOPLE LIKE THE DISTANCE TRAVELING AN ELECTRIC WONT CUTIT POS BATTERIES JUST WONT STAND THE HEAT OR HAVE ENOUGH CAPACITY FOR DISTANCES HEAT IS PROBABLY GOING TO BE THE BIGGEST PROBLEM AN WHERE YA GONA GET A CHARG IN THE MIDDLE OF NOWHERE AN PEOPLE JUST DONT HAVE THE SMARTS TO FIX OR EVEN DIAGNOSE THE PROBLEM THEY HAVE LIKE A DIRTY OR LOOSE CONNECTION.

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