The Volkswagen Group presents the future battery gigafactory to the political groups of Sagunto

The members of the corporation present at the meeting. / LP

Representatives disclosed details of the plant, which will have an investment of over 3,000 million euros and will create more than 3,000 direct jobs

AD Saguntum

The Volkswagen Group presented this Wednesday afternoon to the political groups of the Sagunto City Council the project of the future giga-factory of batteries for electric cars that will be installed in the Sagunt II Park.

A representative of the car holding company traveled to the city to meet the spokespersons of the parties represented in the Consistory and explain the details of the new factory, which was already officially presented on May 5 and which is expected to create more than 3,000 direct jobs and 12,000 indirect jobs in the municipality.

“The Volkswagen Group continues to take action, demonstrating its commitment to our municipality,” said the mayor, Darío Moreno, 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.

“It started with the political parties, but it is the first of other meetings that will come with the associative and entrepreneurial fabric of our municipality so that we can make the most of the potential and limit the impacts that can occur around this beautiful project. , of this great investment”, advanced the mayor.


In addition to the mayor, PSOE spokespersons Javier Raro, Compromís, Quico Fernández, Initiative Porteña, Manuel González, Partido Popular, Sergio Muniesa, Ciudadanos, Salvador Montesinos and, on behalf of the municipal group Esquerra Unida, Roberto Rovira participated in the encounter. .

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.

Investment of more than 3,000 million

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.

“It will be an initiative that will completely change the face and history of our municipality, and it is precisely for this reason that it must be a collective project from which we will all get the most out of it”, affirmed Moreno .

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 at the SEAT plants in Martorell and Volkswagen in Navarre.

Leave a Comment