Strategic battery cell suppliers such as LG Chem, SKI, CATL and Samsung have been selected to secure the production of the electric vehicles. In view of the further increase in demand, the OEM is also considering participating in its own battery cell production in Europe.
In view of the huge investments in the electrification and digitization of the model range, however, the Group will have to make savings elsewhere. In the next five years, between 5,000 and 7,000 jobs are to be cut - as a result of increasing automation and the elimination of routine work, it is said. However, it is undisputed in the automotive industry that the production of electric cars requires significantly less manpower than the production of vehicles with conventional drive systems - which are much more complex than electric drive systems.