Volkswagen chooses Sagunt (Valencia) for its giga-factory of batteries for electric cars

Volkswagen has announced that its battery factory for electric cars will finally be in Sagunt (Valencia). Although the news is now official, there are still some outstanding administrative margins for the entry into operation of what will be one of the largest battery factories in Spain.

The confirmation came from the mayor of Sagunt himself, who issued a statement via Facebook indicating that the German manufacturer has finally chosen the Valencian city, although he did not give further details in this regard. According to the mayor, the process was a work between the three administrations, the end result of which is the establishment of the Volkswagen factory:

In this sense, the integration of the factory will take place in the second phase of the Sagunt Park, and with it the creation of approximately 3,500 direct qualified jobs for the production of batteries. Jobs, in addition, to which will be added all the indirect ones and those of the suppliers and associates for the starting of the factory.

2 billion investment for the Volkswagen battery factory

Subsequently, the news was confirmed by the German manufacturer itself. Although the start of the PERTE process (Strategic Projects for Economic Recovery and Transformation) is still pending, it will be one of the big investments within the European recovery funds.

In total, an initial investment of approximately 2 billion euros. Once Volkswagen’s electric car battery plant is operational, it can generate around 40 GWh per year.