Czech government in talks with two investors in battery plant, says minister

Skoda is building the all-electric Enyaq SUV at its boleslav mlada plant. The crossover supplies its MEB platform with the VW ID3 and VW ID4.

PRAGUE – The Czech Republic is in talks with two potential investors, adding the Volkswagen Group, for an electric battery plant and is in a position to offer billions of kroon as a component of an incentive program, Industry Minister Karel Havlicek said.

The country, which houses the Czech logo of the VW Skoda Group, is one of the places where VW is located for one of the six mobile battery factories it intends to build in Europe until 2030.

Havlicek said the government is also in talks with some other interested party, but declined to call her.

“We’re talking to two main partners, the communication is intense,” Havlicek said Friday.

He said the purpose was to have one plant safely, but that it was conceivable to have two in the long run, because the government was preparing an incentive program.

“It will be billions (crowns), it’s a kind of package, with direct and indirect support, infrastructure, a location, but also a green energy source, for example,” he said.

With the automotive industry’s intensified efforts to transfer to vehicles, countries are competing for investments.

In Central Europe, where the automotive sector is a major driving force for the region’s economies, VW said the Czech Republic, Poland or Slovakia can simply be a starting point for battery cell production.

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