Volkswagen has given the green light for a new investment of $2.2 billion to build a new plant in Wolfsburg, Germany.
The new plant will be used to produce the upcoming electric vehicle developed under Project Trinity, a highly efficient electric vehicle.
The Trinity was promoted as Volkswagen’s next flagship electric vehicle from the ground up to be easier and cleaner to manufacture, and achieve a high level of efficiency.
Several reports have linked Volkswagen’s next major electric vehicle to Audi Artemis softwarewhich aims to develop a “high-efficiency electric vehicle”.
The German automaker didn’t reveal much about the Trinity project, but did reveal that it aims to achieve a “significantly shorter charge time” and “a range of over 700 km” (435 miles).
Volkswagen has now announced that the new electric car will be produced at a new plant that will be built near the existing Wolfsburg-Warmenau plant:
“Volkswagen has achieved another milestone in its transformation journey: a new manufacturing facility for the Trinity electric model will be built near the main plant in Wolfsburg, with investments totaling around €2 billion. The Group’s Supervisory Board issued a decision to that effect today. The new Trinity plant is a key component For the largest modernization program in the history of the Volkswagen flagship site.Construction works in the Warmenau district of Wolfsburg are scheduled to begin early in the spring of 2023 and will take into account building and environmental law.In doing so, the new site will meet high environmental standards.To this end, Volkswagen will engage in an extensive exchange with relevant authorities as well as with stakeholders.The Trinity net carbon neutral model, built using the most innovative manufacturing methods, is to launch its assembly line from 2026. The new facility, with its improved processes, will thus become a model for the gradual transformation of production into a plant The main Wolfsburg along with all other Volkswagen manufacturing sites around the world.”
Volkswagen previously talked about bringing the Trinity to market “mid-decade,” but is now offering a timeline for 2026.
With today’s announcement, the German automaker also said it aims to improve production speed and efficiency to achieve a production time of 10 hours per vehicle:
Volkswagen also plans to set the standard in production for the Trinity when it starts in 2026, and aims to produce 10 hours per vehicle. The key: Fewer variants, fewer components, more automation, less agile production lines and new logistics concepts. Campus Sandkamp creates a framework for optimal and time-efficient cooperation between all areas of Volkswagen through modern working practices. “
That’s something CEO Herbert Diess said the automaker needs to focus on whether it wants to be able to compete with Tesla.
CEO said that Tesla is expected to hit the 10-hour per car mark at Gigafactory Berlin While VW has 30 hours per car in Zwickau.
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