- Experts cite training gaps in accidental shootings by police
- Wray: Report on Russia probe found "unacceptable" problems
- Fed is likely to reinforce a message of continued low rates
- Too much of a Greta thing? Activist urges focus on others
- Broadcast TV shut out of Globe nods, Netflix edges HBO
- U.N.D.P. says Latin America is wealthier but unequal
- Arkansas officer 'ambushed and executed,' police chief says
- Finland's new young female prime minister breaks the mold
- Stocks are mostly lower on Wall Street with trade in focus
- US Catholic priests describe turmoil amid sex abuse crisis
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11-17-19 Hot Rods and Happy Hour Hour 2November 26, 2019
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Herbert Diess, CEO of the Volkswagen stock company, poses next to a Volkswagen car prior to the company's annual general meeting in Berlin, Germany, Tuesday, May 14, 2019. (AP Photo/Michael Sohn)
Volkswagen to invest 1bn euros in battery production plant
BERLIN (AP) — Automaker Volkswagen AG says it is investing 1 billion euros ($1.12 billion) to set up a battery production plant in Germany.
Chief executive Herbert Diess said Tuesday that the factory is part of the company's effort to electrify its vehicles.
He said the plant will be built in the northern city of Salzgitter, which has ready access to vast wind power plants in the region.
Volkswagen is trying to move on from the diesel emissions scandal, which has so far cost the company 30 billion euros.
The announcement comes after rival Daimler announced Monday that it aims to make all of its passenger cars carbon-neutral by 2039.
Emissions in Germany's transport sector have stagnated since 1990, putting a drag on the country's efforts to reduce greenhouse gas emissions.