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.
The German company has just announced that our city has been chosen to host the new battery factory for sustainable vehicles. It has been months of work and commitment for Sagunt II Park, but the work of the City Council, the Generalitat and the Central Government has paid off. We have established ourselves as the best option to host this gigafactory.
There is talk of a battery factory that will bring 3,000 jobs and strong economic growth to the city. Volkswagen will present this project to the government electric vehicle LOSS and we cautiously hope that the initiative will receive the final green light when the aid is granted.
Thank you to the Volkswagen group for its trust in our commune. The road has been difficult, but today we can finally announce this great news. We are the industry, we are the future!
Mayor of Sagunt, Dario Moreno.
Volkswagen’s plans are coming to fruition because the new electric battery plant in Sagunto comes into operation and start production around 2025 or 2026. If nothing changes, this will be the second major battery factory that the Volkswagen conglomerate will have in Europe. In this way, Sagunto will join the other planned for its construction in wolfsburg, area where the group’s head office is located. Right now there will be two Europeans in Volkswagen’s first major electrification phase that began a few years ago with the presentation of the first 100% electric cars.
In addition, the battery factories will form an additional subsidiary of the group, responsible solely for the design, development and manufacture of this technology which, as electrification continues, will be key to the future of Volkswagen. .
I am Bhumi Shah, a highly skilled digital marketer with over 11 years of experience in digital marketing and content writing in the tech industry.