Volkswagen Group has Introduced a € three Billion Battery Gigafactory In Spain.

Future: It could be constructed in Saguant, close to Valencia, as a part of a wider € 10 billion funding below the Fast Forward Plan.

Volkswagen Group and Seat SA to mobilise 10 billion euros to have an effect on Spain

Future: Volkswagen Group and SEAT introduced that it’s going to invest € 10 billion ($ 10.6 billion) to make Spain a European hub for electric powered mobility, with companions withinside the Fast Forward Plan (sixty two businesses in general).

Part of what’s defined because the unmarried biggest commercial funding withinside the records of Spain is anticipated to return back from the Strategic Plan for Economic Recovery and Transformation Program (PERTE), however the utility need to first be conventional with the aid of using the government.

Solar powered battery gigafactory

One of the important components of the complete undertaking is a brand new € three billion ($ three.2 billion) lithium-ion battery at Sigunt close to Gigafactory Valencia, which components battery cells to nearby EV plants (in Martorell and Pamplona).

The Gigafactory in Spain (shown in 2021) is the 1/3 in Volkswagen after Sweden (with Northvolt) and one in Germany.  The different 3 could be posted at a later stage.

Like the alternative two, the plant in Sagunt has a potential of forty GWh in line with the year.  Construction is anticipated to start in Q1 2023, even as manufacturing is anticipated to start in 2026.

Volkswagen Group pursuits to construct a complete of six forty GWh battery gigafactories in Europe, and could stable 240 GWh domestically produced batteries with the aid of using 2030.

According to Thomas Schmal, a member of the Board of Governors of Volkswagen AG, Chief Technology Officer and Chairman of the SEAT S.A Board, PERTE budget are crucial for funding:

The first milestone have to be a effective end result of PERTE submission and licensing: “We will construct a battery gigafactory with an funding of over three billion, however PERTE budget are crucial if we’re to understand our ambition.  Transforming Spain into the European Centre for Electric Vehicles “,

It is promised that the battery plant could be powered with the aid of using renewable assets of electricity.  The main agreement with Iberdrola will cause a brand new photovoltaic plant (250 hectares) much less than 10 km (6 miles) from the battery factory.  According to the clicking release, withinside the first phase, it’s going to offer 20% of the gigafactory’s general energy.

Volkswagen Group Battery Gigafactory in Spain:

Investment: € three billion ($ three.2 billion)

Location: Saguant close to Valencia

Production: Lithium-ion batteries as much as forty GWh annually

Construction: Q1 2023

Production start (target): 2026

New jobs: 3,000

An location of ​​2 hundred hectares

Iberdrola Photovoltaic Plant: Renewable electricity generation, much less than 10 km (6 miles) from battery factory

Volkswagen Group Gigafactories in Europe:

Northvolt at Plant (Northvolt) in Skelleftea, Northern Sweden – greater data here

(Volkswagen owns approximately 20% of Northvolt)

Launching in 2023

Product: Battery cells for top class automobile segment

Target extent: as much as forty GWh / year (Northvolt plans for all clients at 60 GWh)

Salzgitter, Lower Saxony, Germany

Launching in 2025

Product: Consolidated battery cells for the Volkswagen Group’s extent division

Initially 20 GWh / year, then forty GWh / year

“$ 2 billion earmarked for manufacturing and operation of Salzgitter Gigafactory till manufacturing begins”

More than 2,500 jobs are expected

Experimental recycling sports have been said in January 2021

Saguant close to Valencia, Spain

It is scheduled to begin manufacturing in 2026

Lithium-ion batteries.

Forty GWh / year.

Three billion funding,

3,000 jobs are anticipated,

Eastern Europe (undertaking) – place is decided in H1 2022

Also read

Dancing Musk hands over the first Teslas drivers from the new German Gigafactory

Volvo has announced the largest 50-gigawatt-hour battery plant in Gothenburg, Sweden,

Rivian CEO warns that battery shortage makes chip supply problem look like ‘small appetite’.

Tesla has been shut down for months due to the world’s largest battery investigation, but it is still proceeding with expansion.

BSLBATT Lithium Home Energy Storage Battery Options

Sources Volkswagen Group, / Credited :KILINUX

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