Volkswagen’s ambitious goal of producing 200 gigawatt-hours of battery capacity by 2030 is now under reconsideration, according to Thomas Schmall, the company’s head of batteries. Speaking to German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS), Schmall acknowledged that the target is not “set in stone” and that future production would depend heavily on the development of the electric vehicle (EV) market.
While the carmaker had initially set a goal of reaching up to 240 gigawatt-hours of battery capacity by the end of the decade, the revised target now stands at 200 gigawatt-hours, primarily through its battery subsidiary, PowerCo. Volkswagen had planned to build six battery factories across Europe by 2030. However, Schmall’s latest comments indicate that this goal may be re-evaluated as the company monitors consumer demand for EVs.