VOLKSWAGEN wants to start manufacturing batteries and small electric cars in Spain by 2025
Volkswagen has announced that it wants to make Spain a strategic pillar of its electrification project by installing the third of its gigausines in the country, where batteries for all of the group’s brands will be produced, while also manufacturing its electric utility vehicles in From 2025, however, this move depends on state subsidies, according to the consortium.
The automaker has presented its New Auto strategy for 2030, a plan in which software development plays a fundamental role, as it is based on building safer, smarter cars and, when the time comes, self-driving cars. .
This is not the only priority for Volkswagen, because by 2030, the industrial group intends to reduce its carbon footprint by 30% compared to 2018 and on the horizon looms the goal of individual mobility, based on cars, represents 85% of the market and its activity by around 2030.
The German consortium has reportedly allocated a fund of 73,000 million euros for investment in new technologies between 2021 and 2025, which represents 50% of its total planned investments, while electrification and digitization will gain weight, so that by being more efficient, a reduction in fixed costs of 5 percent, and another in material costs of 7 percent is expected, an optimization which also occurs by having fewer models with combustion engines .
Spain would become, in Volkswagen’s plans, a fundamental country, if the general framework and state subsidies are deemed sufficient by the German company, which would mean that their Spanish gigafactory project would enter into service in 2025, and would join his others in Skelleftea, Sweden, operated by Northvolt, and the one in Salzgitter in Germany, as reported by malagahoy.es.
Thanks for reading, and don’t forget to check The Euro Weekly News for all your up-to-date local and international news.