Today, the Volkswagen components plant in Salzgitter manufactures engine variants for more than 40 models in the Volkswagen Group as well as important e-components for electric vehicles. In the future, it is planned that the Salzgitter plant will become the battery centre for the Volkswagen Group. The changeover to future-oriented technologies is already taking place at a rapid pace.
Salzgitter
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Ground breaking in Salzgitter: Volkswagen enters global battery business with “PowerCo”
Volkswagen is consistently continuing its e-mobility strategy: to kick off its battery offensive, the Group broke the ground for its first cell factory in Salzgitter today in the presence of German Chancellor Olaf Scholz. Production will start in 2025. With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. In addition to cell production, the new company will be responsible for activities along the entire battery value chain. Up to 2030, PowerCo is to invest more than €20 billion together with partners in the development of the business area, to generate annual sales in excess of €20 billion and to employ up to 20,000 people in Europe alone. -
Volkswagen Group and Salzgitter AG sign Memorandum of Understanding on supply of low-CO2 steel from the end of 2025
The Volkswagen Group and Salzgitter AG have enjoyed a close partnership for over 60 years. Now both want to open the next chapter together in the decarbonisation of their processes and products. The companies are today announcing a Memorandum of Understanding under which Volkswagen will become one of the first customers for the low-CO2 steel that Salzgitter AG plans to produce on a new production route at its headquarters in Lower Saxony from the end of 2025. According to Salzgitter AG, this will enable over 95 per cent of CO2 emissions in steel production to be saved in future on the basis of hydrogen and renewable energies. The Volkswagen Group plans to use the low-CO2 steel from the end of 2025 in important future projects such as the Trinity1 e-model, which will be produced in Wolfsburg from 2026. -
Volkswagen Group creates European company for its battery business
Volkswagen establishes a European company (Société Européenne) to consolidate activities along the value chain for batteries – from processing raw materials to developing a unified Volkswagen battery to managing the European gigafactories. The company’s scope will include new business models based around reusing discarded car batteries and recycling the valuable raw materials they contain. The Group is thus creating efficient and future-proof structures for the rapidly growing battery business. As part of its NEW AUTO strategy, the Volkswagen Group is aiming to become the world’s leading manufacturer of electric vehicles. To this end, it is expanding its battery-related activities and making these into one of its core competencies.
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Video: We’ve got the Power: Mission #SalzGiga
We’ve got the Power: Mission #SalzGiga
Duration: 00:03:28 ·
Video Key: V2023NR0006 ·
Rights: Use for editorial purposes free of charge
