Volkswagen wants to build batteries and small electric cars in Spain
VOLKSWAGEN wants to manufacture batteries and small electric cars in Spain by 2025
Volkswagen has announced that it intends to make Spain a strategic pillar of its electrification project by building the third of its giant factories in the country, which will produce batteries for all group brands and, from 2025, also its electric commercial vehicles. According to the consortium, this step is dependent on government subsidies.
The auto giant has unveiled its New Auto Strategy for 2030, a plan in which software development plays a fundamental role because it is based on building safer, smarter and, in due course, autonomous cars.
It is not the only priority that Volkswagen has, because by 2030 the industrial group wants to reduce its CO2 footprint by 30 percent compared to 2018 and on the horizon the goal is that individual mobility based on cars cars by 2030 85 percent of the market and of the business.
The German consortium has reportedly provided a fund of 73,000 million euros for investments in new technologies between 2021 and 2025, which corresponds to 50 percent of the planned total investments, fixed costs of 5 percent and a further material cost of 7 percent is expected, an optimization that also takes place through fewer models with internal combustion engines.
Spain would become a fundamental country in Volkswagen’s plans if the German group deems the framework and government subsidies sufficient, which would mean that its planned Spanish gigafactory would go into operation in 2025 and join its others in Skelleftea, Sweden. operated by Northvolt, and Salzgitter in Germany, as reported by reported malagahoy.es.
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