Salzgitter
Press releases
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Transforming old into new: Volkswagen Group Components commences battery recycling
Today, Volkswagen Group Components opened the Group’s first plant for recycling electric car batteries in Salzgitter. As pilot operation commences, the Volkswagen Group takes another committed step towards sustainable end-to-end responsibility for the entire value chain of the electric vehicle battery. The aim is the industrialised recovery of valuable raw materials such as lithium, nickel, manganese and cobalt in a closed loop together with aluminium, copper and plastics, achieving a recycling rate of more than 90% over the long term. -
Volkswagen invests in battery operations at Salzgitter
The joint venture between Volkswagen Group and the Swedish battery producer Northvolt AB is gaining further momentum. It has been decided that Volkswagen itself will erect the buildings and infrastructure for the joint venture’s “Northvolt Zwei” factory that is to produce lithium-ion battery cells, in order to leverage synergies at the Salzgitter site – based on the existing Center of Excellence for Battery Cells. Some €450 million is to be invested in this project. The joint venture will then rent the factory space. Battery cell production at the plant is scheduled to commence in early 2024 with an initial production capacity of 16 gigawatt hours. -
Volkswagen Group starts battery cell development and production in Salzgitter
The Volkswagen Group is setting benchmarks in the development, testing and production of cutting-edge battery cell technology in Germany. In Salzgitter (Lower Saxony) alone, over 1,000 jobs are to be created by 2023/24 for testing and producing battery cells – 300 at Volkswagen’s development center and pilot line, 700 in a joint venture between Northvolt and Volkswagen to build and operate a battery cell factory. Over one billion euros is to be invested in the Volkswagen Group’s battery cell activities over the same period. -
Volkswagen invests in Northvolt AB
Volkswagen AG is investing some €900 million in joint battery activities with Northvolt AB. Part of the sum is intended for a joint venture with the Swedish battery cell producer, a further share will go directly to Northvolt AB. In return, Volkswagen will acquire about 20 percent of the shares in Northvolt AB and will have one seat on the Board of Directors, subject to approval under antitrust legislation. Furthermore, a 50/50 joint venture to build a 16 GWh battery cell factory in Europe is planned during the course of this year. It is intended to locate the factory in Lower Saxony (Salzgitter) if the preconditions for this are fulfilled. Construction of the production facility is scheduled to start, at the earliest, in 2020. Battery cell production for Volkswagen is slated to commence around the end of 2023/beginning of 2024.