Volkswagen will be investing $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. The plant will be built in the northern city of Salzgitter, which has access to many wind power plants in the region.

Emissions in Germany’s transport sector have stagnated since 1990, putting a drag on the country’s efforts to reduce greenhouse gas emissions.

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