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Volkswagen plans new factory near Wolfsburg to build Trinity model -Breaking

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© Reuters. FILEPHOTO: The Volkswagen Headquarters in Wolfsburg (Germany) unveils a new logo for the German carmaker Volkswagen on September 9, 2019. REUTERS/Fabian Bimmer/File Photograph

FRANKFURT – Volkswagen plans to create a state-of the-art factory next to its German headquarters at Wolfsburg. The goal is to improve its position as Tesla (NASDAQ 🙂 nears its gigafactory in Berlin.

Volkswagen’s supervisor board still has to approve this plant. It is part Volkswagen’s Trinity project under which they want to create a Wolfsburg electric sedan.

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