VW and Bosch plan six battery plants across Europe to outdo Tesla            

Bid to make Europe self-sufficient in battery production

The Bosch-Volkswagen joint venture will serve battery cell plants across Europe.

Volkswagen and Bosch have signed a deal to set up a joint venture by the end of this year to equip battery cell factories and help make Europe self-sufficient in battery production, Volkswagen has said. 

The venture would deliver battery production systems as well as assisting battery cell manufacturers in scaling up and maintaining their production sites.