Porsche looks at North America for building a gigafactory as Europe suffers high energy costs
Porsche is planning to invest around €2 billion-€3 billion on the planned gigafactory, which is expected to have an annual capacity of up to 20 GWh
Volkswagen’s luxury sports-car brand Porsche plans to set up a battery-cell manufacturing plant and is considering US and Canada for the same, according to a news report published by the German newspaper Automobilwoche on July 26.
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