Volkswagen is preparing its Wolfsburg facility for the future with an initial investment of approximately €460 million in the main factory located at the Group’s headquarters. CEO Thomas Schäfer made this announcement during a company meeting in Wolfsburg. The primary focus of this investment is to gear up for the production of the upcoming ID.3 electric vehicle. Production of the compact electric car is set to commence in Wolfsburg in 2023, initially in a partial capacity, with full-scale production scheduled for 2024. The production ramp-up is expected to be completed by the end of 2025, and workforce training measures are currently underway to support this transition.

Following the ramp-up of the ID.3, Volkswagen plans to introduce another all-electric model tailored for the thriving SUV segment, aimed at sustaining Wolfsburg’s electric vehicle production capacity in the long term. This new model will be built on the Modular Electric Drive System (MEB), with plans for significant enhancements, referred to as the MEB+. These enhancements are intended to make Volkswagen’s electric car platform even more efficient.

Subsequently, the Wolfsburg site will embark on the Trinity vehicle project, which will be based on the future Scalable Systems Platform (SSP) that will be implemented across the entire Volkswagen Group. The company has set a target to exclusively produce electric vehicles in Wolfsburg by no later than the end of 2033, aligning with its broader strategy to transition to electric mobility not only in Wolfsburg but also in all its European factories.