To meet production targets, the company will invest $1 billion for capital expansion projects at its Deutsche ACCUmotive battery manufacturing facilities in Kamenz, Germany, part of the company's investment of up to $10 billion for the design and development of electric vehicles.
The company will invest $1 billion for capital expansion projects at its Deutsche ACCUmotive battery manufacturing facilities in Kamenz, Germany for the design and development of electric vehicles. This is to meet production targets. Germany is part of the company's investment of up to $10 billion. This is kamenz.