Audi is set to invest €301 million to increase the production of electric motors at its factory in Győr, Hungary.
The investment was confirmed by the minister of foreign affairs and trade in Hungary, Péter Szijjártó. While some specifics about the plan remain uncertain, Szijjártó confirmed thatwill receive a €21 million government grant to aid in the expansion of the factory which will add some 500 jobs. The electric motors to be built at the factory will be for all MEB-based models across the Volkswagen Group. Manufacturing is expected to commence in 2025.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Polestar 5 Will Produce 872 HP From Dual Electric Motors | CarscoopsA prototype of the Polestar 5 is storming the Goodwood Hill Climb and Polestar is giving us more info about its EV powertrain
Source: Carscoop - 🏆 306. / 63 Read more »
Source: Carscoop - 🏆 306. / 63 Read more »