Volkswagen seeks land in Extremadura for a cable plant for electric cars

volkswagen wants to find a cable plantmaterial necessary for the production of electric cars estremadura This was reported yesterday by OKDiario, citing sources close to the process. Some sources from the Junta de Extremadura confirmed to this media outlet, as well as El Periódico Extremadura, a newspaper belonging to the Prensa Ibérica group: there are open negotiations, but nothing is closed yet. Searching for a location in Extremadura for this new facility, confirm the location of a gigafactory in Navalmoral to manufacture batteriesAccording to the aforementioned digital newspaper, this is what caused the managers of the German brand to turn their eyes to Extremadura.

this German company looks back to Extremadura after excluding area for construction of German group’s battery factory The Valencian Community eventually remained with its location in Sagunto.

According to the aforementioned sources compiled by OK Diario, Russia’s invasion of Ukraine accelerated this processSince Suppliers of cables for the production of electric cars of the Volkswagen group Ukrainians. In fact, the above-mentioned conflict is Production cuts at German factoriesIt has been in Zwickau and Dresden since the end of February due to parts shortages due to the war. A situation that led Japanese Sumitomo Electric Industries, a manufacturer of cabling and fiber optics for vehicles, to decide to move production from Ukraine to Romania and Morocco. The cost of the operation will be partially financed by Volkswagen, one of its main customers, which is directly affected by the shortage of materials. “It’s a relocation that could be temporary,” they explain to the newspaper.

Although in a very small percentage compared to other places such as Ukraine, Germany and Northern Europe, Stellantis in Spain has a substantial network of automotive suppliers supplying materials to Volkswagen and Renault factories.

part of electric vehicle

Group Volkswagen and Seat last Wednesday curtain Electric and Connected VehicleIt will consist of a total of 62 companies, of which 61% are SMEs. The business group ‘Future: Fast Forward’ aims to raise money from European funds. As requested by the Government at the Perte bases approved by the European Commission, companies from 11 different autonomous communities will take part in the project, which covers the “whole electric vehicle value chain” and the window for the Presentation of the projects will remain open until then. May 17.

Source: Informacion

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