VW set to boost output, pick new EV plant site amid chip crunch

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VW set to boost output, pick new EV plant site amid chip crunch
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VW set to boost output, pick new EV plant site amid chip crunch:

The company had said last year it would build a new state-of-the-art car factory close to its headquarters in Wolfsburg, Germany, to raise its game as electric-vehicle rival Tesla builds a plant near Berlin.

"We are fighting for Trinity production right here in Wolfsburg, which means either on the factory site or in the direct vicinity of the main plant," works council head Daniela Cavallo said in a statement. The works council said Volkswagen produced 330,000 fewer vehicles than originally planned at the Wolfsburg plant last year due to a lack of semiconductors, with just under 400,000 vehicles rolling off the production line.

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