Volkswagen has announced a new €2bn (£1.65bn) factory in Wolfsburg that will act as the production site for its upcoming Trinity EV.
It’s been given the official go-ahead by Volkswagen Group’s board of management and will be located in the Warmenau district, close to the firm’s existing production site. Construction is expected to commence in spring 2023.
Ralf Brandstätter, Volkswagen CEO, said: “The decision by the Supervisory Board is an important milestone for the transformation of our brand and the future of the Wolfsburg production facility. We are thus strengthening and sustaining the competitiveness of the main plant and giving the workforce a robust long-term perspective.
“We are setting benchmarks in the automotive industry with Trinity and the new factory and turning Wolfsburg into the global lighthouse for cutting-edge and efficient vehicle production. This reaffirms that the economic transformation of Germany as a center of industry can be achieved.”
Volkswagen plans to start production of the Trinity in 2026 and has also stated that it aims to have a production time of just 10 hours per vehicle, achieved by using fewer components and by offering fewer variations in terms of trim and specification. In doing so, it’ll create ‘leaner production lines’.
Volkswagen has also said that the Trinity will offer a shorter charging time than its current range of cars and will also be capable of returning over 700 kilometres - or 434.9 miles.
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