Volkswagen invests 1 billion euros to build a factory to accelerate its transition to electric vehicles.

Volkswagen is investing 1 billion euros in its Emden plant in Germany to accelerate the company’s transition to electric vehicles.

Andreas Tostmann, a member of Volkswagen’s board of management, said, “As we transform Emden into a production location for electric vehicles, Volkswagen is accelerating the pace of its transformation process. The company will invest around 1 billion euros in the plant to develop Emden into a cornerstone of our electric strategy.”

The Emden plant will be the first in Lower Saxony to produce a large number of electric vehicles. The first electric vehicle model to be produced at the plant will be the Volkswagen ID.4 compact SUV, which will begin production in 2022. Volkswagen will eventually produce all of its electric vehicle models at the Emden plant, including the full range of ID series vehicles.

Once the Emden plant is completed, it will be capable of producing 300,000 vehicles per year.

However, before the Emden plant goes into production, Volkswagen needs to carry out a comprehensive retrofit, including the construction of new factory workshops. The expansion will reach 50,000 square meters, and the existing stamping and body assembly workshops will be expanded by an additional 23,000 square meters.

In addition, Volkswagen will build a new 6,000 square meter paint workshop to handle the painting of ID series vehicles.

The new factory hall and the completed expansion of the factory are expected to be completed by the summer of 2021.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.