Volkswagen invests 680 million euros in Hannover EV production
16th Nov 2020 Danny Morgan
Volkswagen's Hannover site will become the main production facility for three new electric vehicles after the German carmaker announced an investment of €680 million.
According to the Chairman of the Board of Management for Volkswagen Commercial Vehicles, Dr Carsten Intra “Our main plant in Hannover is becoming the production site for three completely new premium electric vehicles in the Group”.
The three electric vehicles will be D-SUVs and will be developed for the group’s subsidiary brands, transforming the site in Hannover into a multi-brand plant. The choice to manufacture these vehicles in Hanover follows on from the group’s decision to manufacture VWCV own T-model range and the ID. Buzz at the same plant.
To make these vehicles, VWCV is building a new production line at the Hannover site, further speeding up its already initiated transformation towards electric mobility.
Dr Carsten Intra went on to say: “These D-SUVs are genuine flagship projects: premium, 100% electric and highly automated. Today’s decision by the Volkswagen supervisory board is thus an important milestone for our high-tech site and a great show of faith in the productivity of our team. We were able to secure this decision in favour of our location with our assured efficiency and top level of production quality. My thanks are due today to every one of our colleagues whose work made this pioneering decision possible”
VWCV Works Council Chairperson, Bertina Murkovic had this to say regarding the transformation: “The competition with other Group brands was tough. But ultimately, backed by our site agreement and with our expertise in quality production we were able to win these products for Hannover. A level of utilisation that, as agreed, ensures our employment levels along the demographic curve has thus been secured for the coming years. The new Multivan, the ID. BUZZ and now the D-SUVs are our portfolio for this decade. No greater security than this could be established at the current time for the location or the workforce.”