Alfonso Sancha, vice president of acquisitions at Seat, said this morning that Volkswagen group wants its Sagunt gigafactory to be the largest of the Volkswagen group in Europe. Sancha presented at the Valencian Business Confederation (CEV). Project to the Valencian business community and invited him to participate. The manager made sure they were trying to build a Valencia electric battery cluster. The manager of the German giant appealed to the emotions, insisting that they want to become a “Valencian company” with the participation of suppliers from the Valencian Community.
sancha reminded that the factory will start production in 2026 He insisted that they were impressed by Ximo Puig’s determination at the first meeting, the head of the Generalitat. The manager reminded that the estimate is that the Sagunt factory will produce battery cells per year for 800,000 vehicles of the Volkswagen, Cupra and Skoda brands. Sancha warned that the gigafactory will be prepared for technological advances in battery production and will not become obsolete.
Transformation of productive tissue in the Valencian Community
On your own behalf The head of the Generalitat impressed the “obsession” Consell had. He underlined that the transformation of the productive fabric and the arrival of Volkswagen was the definitive “turning point”. Puig stressed that the project represents an “enormous opportunity” compared to Ford’s landing 50 years ago.
The battery gigafactory project for the electric car requires an investment of 3,500 million euros. Volkswagen will invest 3,000 million in the factory, and Iberdrola will invest another 500 million in a photovoltaic power plant and the infrastructure necessary to provide green energy to the giga factory. this Volkswagen Group to mobilize 10,000 million Euros in Spainas well as Gigafactory investment in Sagunt as in the entire process of transforming its industry and promoting electric vehicles.
Sagunt’s plant It will cover a total area of 200 hectares.. Generalitat has accelerated the process for the Volkswagen battery factory in Sagunt to be operational in 2026.