On March 1, 2026 local time, Škoda announced a €205 million investment in its Mladá Boleslav plant to build cell-to-pack (CTP) production lines with an annual capacity of 335,000 units, cutting battery costs by 30% and fully supporting the Volkswagen Group’s electrification strategy.
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Skoda Invests €205 Million, Becomes VW Group’s Largest BEV Battery System Producer
2026-03-02
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