The Czech government is negotiating with Volkswagen and other investors on the battery factory

According to foreign media reports, Czech Industry Minister Karel Havlicek revealed that the country is in talks with two potential investors, including Volkswagen Group, focusing on the construction of a factory for the production of electric car batteries in the country and an incentive package worth billions of kroner.

The Czech Republic is home to Skoda, a Volkswagen brand, and Volkswagen plans to build six battery plants in Europe by 2030, one of the potential locations. Havlicek said the government was still in negotiations with another interested party, but he declined to give his name. "We are talking to two big partners," Havlicek said on July 16.

He also said that the goal of the negotiators is to build a factory in the Czech Republic, but the end result could be two, for which the government is currently preparing an incentive package. "the program, which will amount to billions of kroner, is a package that will provide direct and indirect support, such as infrastructure, plant sites and clean energy supplies," he said. "

As the automobile industry accelerates the transition to electric vehicles, countries are competing for investment. In central Europe, where the car industry is one of the main drivers of the region's economy, Volkswagen has said that the Czech Republic, Poland or Slovakia could become its battery production base.