BERLIN — Volkswagen stated it can make investments 460 million euros ($482 million) in its Wolfsburg plant so as to add manufacturing of its ID3 full-electric compact hatchback and a brand new, Tiguan-sized electrical SUV.
The SUV will use an additional improvement of the automaker’s MEB electrical platform known as MEB+, which can allow quicker charging speeds and longer ranges, VW model CEO Thomas Schaefer stated.
The SUV will complement VW’s current ID4 and ID5 electrical SUVs, Schaefer stated in an announcement on Wednesday.
It will use the automaker’s extremely standardized unified cell that will probably be produced in VW’s cell manufacturing facility in Salzgitter beginning in 2025.
VW didn’t give a timescale for manufacturing of the brand new SUV. Its MEB+ platform will allow ranges of as much as 700 km (435 miles) and considerably enhance charging occasions, with charging speeds of 175–200 kW potential, VW has stated.
To enhance capability use on the Wolfsburg manufacturing facility, VW additionally will add ID3 output in Wolfsburg. Partial manufacturing of the ID3 will begin will subsequent 12 months, with full manufacturing slated from 2024. The automotive may also proceed to be inbuilt VW’s Zwickau manufacturing facility in Germany.
The Wolfsburg plant employs about 60,000 employees constructing combustion engine fashions together with the Golf, Tiguan and Touran.
Output from the flagship plant has been on a downward spiral since 2015 when it produced round 800,000 automobiles, dropping drastically because the begin of the coronavirus pandemic to beneath 400,000 a 12 months.