Volkswagen and its Seat subsidiary launch an electric pole in Spain

Volkswagen and its Seat subsidiary launch an electric pole in Spain


Cupra Urban Rebel

Seat’s parent company, the Volkswagen group, is betting on electric cars in Spain. With “a very important project for Volkswagen, for Spain and for the whole of Europe”, announced the chairman of the board of directors and the executive board Thomas Schmall. With the key and an investment of more than 7 billion euros, which should lead to the start of production in 2026. For Wayne Griffith, president of Kiti, this “Future Fast Forward” program could create the largest industrial investment in the history of Spain. »

Volkswagen Seat
Thomas Schmall, Member of the Board of Management of Volkswagen AG in charge of Technology and Chairman of the Board of Management of Seat SA, and Wayne Griffith, Chairman of the Seat.

Iberia electric cars and batteries

This plan concerns, on the one hand, the transition of the current factories of Martorell in Catalonia and Pamplona in Navarre towards the supply of electricity. Seat factories will produce future small electric cars including Cupra Urban Rebel and Volkswagen ID.2 Life. And, on the other hand, the construction, from the end of 2022, of a battery production plant with a capacity of 40 GWh in Sagunto near Valencia. The site should eventually employ more than 3,000 people. This will be the Volkswagen Group’s second site after Salzgitter and the first outside of Germany.

Volkswagen Seat
Volkswagen ID. Life

Part of public finances

But this investment remains dependent on the acceptance of the Spanish government for the financing of this project through PERTE funds (projects of strategic interest including the European recovery plan). Which, given the commitment of the Volkswagen group, should be confirmed. In total, the number 2 car in the world must invest 89 billion euros over five years. And build six battery factories in Europe with a capacity of 240 GWh per year. Finally, Northvolt’s Swedish factory in Skelleftea will manufacture the battery cells. The plant should start production in 2023.

Volkswagen Seat

Jean-Christophe Lefevre