Financial News
Volkswagen Revisits Plan to Stop Using Coal Due to Ukraine War
Last week, the CEO of Volkswagen stated in an interview that the automotive company would continue to use coal to power its manufacturing plant, given the ongoing tension between Europe and Russia. Herbert Diess, the auto-manufacturing company’s CEO, added that the firm planned to convert its coal-fired power plants into gas.
Volkswagen’s manufacturing facility in Wolfsburg covers an area of 6.5 million m2 and uses cogeneration plants that provide it with power and…
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