Volkswagen will invest 1 billion euros to transform German factory

Volkswagen will invest 1 billion euros to transform German factory
On July 7 news, according to foreign media reports, Volkswagen is planning to renovate the Emden plant on the Ems River in northwestern Germany. It plans to invest 1 billion euros to accelerate its transformation to an electric vehicle production plant.
Andreas Tostmann, a member of the board of directors of Volkswagen, said that the transformation of the Emden plant into an electric vehicle production base means that Volkswagen is accelerating the pace of system transformation. The company will invest about 1 billion euros in the transformation of this plant. The transformed Emden plant will become The cornerstone of their electric vehicle strategy.
The Emden plant will also produce Volkswagen Passat and other models as a transition before id.4 production. The maximum annual production capacity is expected to be 300,000 electric vehicles after the plant is rebuilt and expanded.
The area of ​​the new factory will reach 50,000 square meters, the area of ​​the stamping workshop and body assembly line will reach 23,000 square meters, and the painting workshop will increase to 6,000 square meters. At the same time, the new factory will match the new shelves and automated parts warehouse.
Since the fall of 2019, employees at the Emden plant have begun to receive training on electric vehicles. When it is officially put into production, all employees will receive a total of 60,000 days of training.
In 2019, Volkswagen announced the transformation of the Zwickau plant in the Moselle into an electric vehicle production plant.
In June this year, Volkswagen announced that the Zwickau plant had produced the last internal combustion engine car. The last car to roll off the Zwickau production line was a Golf R wagon, which was equipped with a 2.0-liter gasoline engine.
Zwickau has been producing fuel vehicles for more than 100 years. The plant has so far produced 6,049,207 cars, including Golf, Passat and Polo.
In the future, the Zwickau plant will focus on producing a series of electric vehicles for the Volkswagen Group, making it the largest pure electric vehicle plant in Europe.
Volkswagen Group announced the 2020-2024 five-year investment plan in November 2019. According to the plan, the Volkswagen Group will invest 60 billion euros in hybrid power, electric travel and digitalization, of which 33 billion euros will be invested in electric travel.
By 2029, the Volkswagen Group plans to launch up to 75 pure electric models and about 60 hybrid models. According to the forecast of the Volkswagen Group, the group’s sales of electric vehicles will rise to 26 million by then, while the sales of hybrid models will be close to 6 million. Among them, 20 million electric vehicles will be built on the Volkswagen Group’s MEB platform, and the remaining 6 million electric vehicles will be based on the PPE platform.
According to the plan of the Volkswagen Group, it will produce electric models in nine major factories in the world, five of which are located in Germany, namely in Zwickau, Emden, Hanover, Zuffenhausen and Dresden; the other four factories The plants are located in Mlada Boleslav, Czech Republic, Chattanooga, USA, Foshan and Anting, China.