This was underlined by the mayor of Sagunt, Darío Moreno, who explained that, “precisely for this reason, it must be a collective project from which everyone gets the most”. Therefore, they called for this to be the first of other meetings with the associative and entrepreneurial fabric of the municipality, to “make the most of the potential and limit the impacts that can occur around this major project, of this great investment,” the mayor said.
A representative of the automobile holding went to the city to meet the spokespersons of the parties represented in the Consistory and explain to them the details of the new factory, which was already officially presented on May 5 and which is estimated to be will create more than 3,000 direct jobs. jobs and 12,000 indirect jobs in the town, recalled the Town Hall in a press release.
“The Volkswagen Group continues to take action, demonstrating its commitment to our municipality,” said the mayor, who also highlighted the work needed to attract this investment to the municipality. “It is precisely for this reason that the maximum consensus around this project is essential and that for this there is an open dialogue with the representatives of the city”, he underlined.
The meeting was attended by the city of Sagunto, in addition to the first mayor, LOS spokespersons from all groups: Javier Raro (PSOE), Quico Fernandez (Commitment), Roberto Rovira (EUPV), Manuel Gonzalez (Porteña Initiative ), Sergio Muniesa (PP) and Salvador Montesinos (Cs).
Similarly, on behalf of the Volkswagen Group, Chief Operating Officer of PowerCo (the Volkswagen Group’s new battery company), Sebastian Wolf; Sagunto Plant Construction Manager Thomas Dahlem; the director of operations of Project Management in Spain, Patrick Meier; the Executive Vice President of Purchasing of SEAT SA and responsible for the Future: Fast Forward project, Alfonso Sancha; and the Head of Connectivity, HV Battery and Powertrain Procurement at SEAT SA, Beatriz García.
The Volkswagen Group’s electric car battery giga-factory in Sagunto will benefit from an initial investment from the automotive holding company of more than 3,000 million euros, in the event of a positive resolution of the project included in the program Strategic Recovery Projects and Transformational Economy for the Electric and Connected Vehicle (LOSS VEC), convened by the state government with the aim of transforming the automotive industry towards electrification.
On the other hand, a strategic collaboration agreement has been signed with Iberdrola for the construction of an adjoining photovoltaic plant that will supply green energy to the gigafactory.
The investment will create more than 3,000 direct jobs and 12,000 indirect jobs, according to data made public by the company. The construction of the plant is expected to start in the first quarter of 2023 to start production of the first mass-produced samples in 2025 and to be fully operational in 2026.
The Sagunto plant will be the third, after those in Germany and Sweden, to be launched by the multinational out of a total of six that Europe will host in 2030. This giga-factory will be responsible for supplying batteries for electric vehicles from Volkswagen. Group in the plants of SEAT in Martorell and Volkswagen in Navarre. The battery factory will be able to produce up to 40 GWh per year.