The number of production lines for electric motors and other parts will be multiplied by four in four years, compared to the current 18.
The German car manufacturer Volkswagen announced on Friday an investment of 1.2 billion euros by 2026 to develop the manufacture of motors and other components for its electric cars at its factory in Kassel (central Germany).
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“The site is accelerating the transformation launched in 2015 and will focus intensively on components for electric cars“, explains the group in a press release. The number of production lines of electric motors and other parts will be “multiplied by fourin four years, compared to the current eighteen. The factory with some 16,000 employees is the largest production site for Volkswagen components and spare parts in the world. Nearly 4,000 of them now work in the electrical industry.
“In the long term, Kassel will become an all-electric factoryadds the world’s second-largest automotive group, which has resolutely set its sights on electric vehicles in recent years, with tens of billions of euros of investment in the car of the future, connected and battery-powered. The Cassel site currently supplies engines used in cars based on the “platform» MEB, technical skeleton adaptable to several types of electric cars, from city cars to mini-buses and SUVs.
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Volkswagen also plans to manufacture the components there for the next technological platform called SSP. By 2026, Volkswagen will also install a brand new electric car factory near its historic headquarters in Wolfsburg, with two billion euros of investment.
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