Investing
VW aiming for 3M small EVs produced in Spain between 2025-2030
© Reuters. VW aiming for 3M small EVs produced in Spain between 2025-2030
By Michael Elkins
Wayne Griffiths, the chairman of Volkswagen’s (ETR:) Spanish unit SEAT, said on Wednesday that the German carmaker plans to produce 3 million small electric vehicles at its two plants in Spain between 2025 and 2030.
Griffiths said in a news conference that SEAT aims to assemble 500,000 electric cars a year in the medium term at SEAT’s plant in Martorell, outside Barcelona. Also that the carmaker is working hard to bring a second platform for electric vehicle production to Martorell, which would increase competitiveness.
Volkswagen has already said it would start producing two electric vehicles at the Martorell plant in 2025 and at VW’s Navarra assembly line around the same time – one small car for SEAT’s associated upmarket brand Cupra and another car for the VW brand.
Griffiths said last month that the company would submit a new request to the Spanish government for European Union funds as the automaker considers manufacturing additional new electric vehicles in the country beyond the ones planned for 2025.
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