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SummarySummary Companies Move comes shortly after Scout plant announcementPlant in Canada can also qualify for IRA subsidiesBASF also picked Canada for EV battery materials plantWOLFSBURG, Germany, March 13 (Reuters) - Volkswagen (VOWG_p.DE) chose Canada to build its first battery cell plant outside Europe, granting its cars access to both Canadian and U.S. subsidies as it works to localise electric vehicle production chain in the region. Canada, home to a large mining sector for minerals including lithium, nickel and cobalt, is trying to woo companies involved in all levels of the EV supply chain via a multi-billion-dollar green technology fund as the world seeks to cut carbon emissions. The Canadian federal innovation minister, Francois-Philippe Champagne, called the VW battery plant a "home run for Canada" and said it was "the largest single investment in the auto sector in the history of Canada", without giving details. "I think all the big manufacturers understand that if you need to green the supply chain, Canada is the place to do that," said Champagne. Chemicals giant BASF (BASFn.DE) a year ago also secured land in Canada for a planned battery materials facility to better serve electric vehicle markets in the U.S. and Mexico.

SummarySummary Companies Move comes shortly after Scout plant announcementPlant in Canada can also qualify for IRA subsidiesBASF also picked Canada for EV battery materials plantWOLFSBURG, March 13 (Reuters) - Volkswagen (VOWG_p.DE) chose Canada to build its first battery cell plant outside Europe, granting its cars access to both Canadian and U.S. subsidies as it works to localise electric vehicle production chain in the region. He said Volkswagen would be making "the largest single investment in the auto sector in the history of Canada" but did not give details. The plant will be based in the city of St. Thomas, around 195 km (120 miles) northeast of Detroit. "I think all the big manufacturers understand that if you need to green the supply chain, Canada is the place to do that," said Champagne. Chemicals giant BASF (BASFn.DE) a year ago also secured land in Canada for a planned battery materials facility to better serve electric vehicle markets in the U.S. and Mexico.

☆ Volkswagen to build first North American battery cell plant in Canada
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +2 min

WOLFSBURG, March 13 (Reuters) - Volkswagen (VOWG_p.DE) said on Monday it will build its first North American battery cell plant in Canada, granting its cars access to both Canadian and U.S. subsidies as it works to localise its electric vehicle production chain in the region. VW's Monday's announcement did not specify the size of the investment or the capacity of the new plant, but board member Thomas Schmall said in August the company was targeting 20 gigawatt hours of capacity at its first North American site. Volkswagen has long said it is working towards setting up regional supply chains in Europe, North America and China for EV production in light of high transport and logistic costs, supply chain risks and geopolitical tensions. It announced last week its Scout brand would build a $2 billion manufacturing plant near Columbia, South Carolina for trucks and SUVs, with production to start in 2026. Reporting by Victoria Waldersee and Jan Schwartz, Editing by Angus MacSwan, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Volkswagen: we are covered by our three gigafactories in Europe until 2028
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +1 min

WOLFSBURG, March 13 (Reuters) - Volkswagen's (VOWG_p.DE) battery needs are covered until 2028 by its three confirmed factories in Europe - the Salzgitter plant in Germany, Northvolt's plant in Sweden and a planned plant in Valencia, board member Thomas Schmall said on Monday. "With these three plants we are covered until 2028," Schmall said at a press event at the Salzgitter plant, inaugurated last July. The Valencia plant, confirmed last year, is due to begin production in 2026. Volkswagen said last week it was waiting to hear what Europe's response to the U.S. Inflation Reduction Act will be before progressing with plans to build further battery plants in the region. The carmaker was standardising the structure of its factories to make production more efficient, Schmall said, describing the process of building new plants as "copy-paste".

☆ Volkswagen pauses on Europe battery plants, awaits EU response to IRA
▼ + stars: | 2023-03-08 | by ( Jan Schwartz | ) www.reuters.com time to read: +2 min

"De facto it is the case that we are getting ahead far faster in North America," a person close to the matter said to Reuters, declining to be named. Asked about the report, a Volkswagen spokesperson said the carmaker was "still evaluating suitable locations for our next cell factories in Eastern Europe and North America. The company said in October last year it planned to firmly settle on a location for a plant in eastern Europe in the first six months of 2023. Schmall said he participated in a discussion with EU officials via the European Battery Alliance last week on what conditions were needed in Europe for battery production. These included state aid in line with China and North America, a raw materials strategy and affordable renewable energy, he said.

☆ Awaiting an IRA response, Volkswagen pauses decision on eastern Europe battery plant
▼ + stars: | 2023-03-08 | by ( ) www.reuters.com time to read: +1 min

Companies Volkswagen AG FollowMarch 8 (Reuters) - Volkswagen (VOWG_p.DE) is pausing plans for a battery plant in eastern Europe and prioritising building a plant in North America where it expects to reap 9-10 billion euros ($10.54 billion) in subsidies, the Financial Times reported on Wednesday. The company was waiting for a response from Europe to the U.S. $369-billion Inflation Reduction Act package before moving ahead with its plans in the region, the newspaper reported, citing sources with knowledge of the matter. Volkswagen board member Thomas Schmall posted on LinkedIn last week that Europe risked losing "the race for billions of investments that will be decided in coming months and years" to the attractive conditions offered by the IRA. The company said in October last year it planned to firmly settle on a location for the plant in the first six months of 2023. ($1 = 0.9489 euros)Reporting by Victoria Waldersee Editing by Paul CarrelOur Standards: The Thomson Reuters Trust Principles.

☆ Man Pleads Guilty to Hate Crimes in El Paso Massacre That Killed 23
▼ + stars: | 2023-02-08 | by ( Emily Schmall | More About Emily Schmall | ) www.nytimes.com time to read: +1 min

A Texas man who fatally shot 23 people and injured dozens more at a Walmart store in El Paso in 2019 pleaded guilty on Wednesday to federal hate crimes and weapons charges in connection with the deadliest anti-Latino attack in modern United States history. Lawyers for the gunman, Patrick Crusius, said last month that he would change his plea to guilty days after federal prosecutors notified the court that they would not seek the death penalty. He has agreed to accept a sentence of 90 consecutive life terms, according to the U.S. Attorney’s Office for the Western District of Texas. Mr. Crusius, 24, still faces trial on state capital murder charges, for which he could receive the death penalty. He appeared in U.S. District Court in El Paso on Wednesday afternoon, where he pleaded guilty to all 90 federal charges that he faced, including 45 hate crimes.

Persons: Patrick Crusius, Crusius Organizations: Walmart, Attorney’s, Western, Western District of, Mr Locations: Texas, El Paso, United States, Western District, Western District of Texas, U.S

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