The automaker, which is the second largest in the world based on sales, said it would reduce the costs of producing its batteries by up to 50 percent, build multiple battery factories around the world, expand its network of charging stations, and eventually transition to solid-state technology that would cut costs and boost efficiency. The ultimate goal is to make electric cars with longer ranges and quicker charging times — two of the biggest barriers to mass EV adoption.
Because batteries are an expensive component of EVs and VW is one of the largest automakers on this planet, this is important news. Of course, we know already that battery prices have already fallen 87 percent in the last decade, so this is not unreachable or overly ambitious at all. But it gives a good indication that VW is committed to the right path including with 2-way charging.
I'm wondering if 2-way charging will be able to in future also give a stranded EV a boost charge to be able to reach a charging point.
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Here are the biggest announcements from Volkswagen’s battery event#
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VW wants to beat Tesla at the production of electric vehicles.
