Volkswagen continues to ponder what course It wants to take to the electric car future under new CEO Oliver Blume.
Volkswagen now says it will invest €460 million in the main factory in Wolfsburg by the beginning of 2025. That investment will be used primarily to make the necessary preparations to produce the new ID.3. Limited production will start in 2023, with full production slated from 2024.
Speaking to employees recently, Thomas Schäfer, CEO of the Volkswagen brand, said: “Volkswagen stands for electromobility for everyone. And Wolfsburg will be part of this success story. Here at our main plant alone, we will be investing some €460 million by the beginning of 2025, getting the factory ready for the MEB.
involves re-equipping the site for the ID.3, the company says. That car will begin leaving the assembly line in Wolfsburg starting in 2023. It will continue to be manufactured in Zwickau as well. For the Wolfsburg factory, which is the largest factory in the Volkswagen Group, this will be the first electric vehicle based on the MEB platform.based on the MEB architecture at the Wolfsburg factory in the future. “That is the largest vehicle segment worldwide, it is home to our popular Tiguan.
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