VW Board reportedly targets plant closures from 2031

Volkswagen's board is reportedly planning to begin closing manufacturing plants starting in 2031, according to industry reports. The move forms part of the German carmaker's broader restructuring efforts as it transitions towards electric vehicle production. No specific facilities or closure timelines have been officially confirmed by VW.

Why it matters: Plant closures signal potential shifts in VW's EV manufacturing footprint and supply chain, which could affect charging infrastructure deployment strategies and partnerships tied to production sites. The restructuring may also influence VW's Elli charging subsidiary and its rollout plans across Germany.