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Volkswagen plans to decide new gigafactory locations in H1, 2022

Published by maria gbaf

Posted on December 14, 2021

1 min read

· Last updated: January 28, 2026

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BERLIN (Reuters) – Volkswagen said on Monday it was looking at locations for planned battery cell plants in Spain and eastern Europe and the exact sites for its third and fourth gigafactories would be determined in the first half of 2022. “By 2030, Volkswagen plans to open two more cell factories in Europe,” the group […]

Volkswagen to Choose New Gigafactory Locations by Mid-2022

BERLIN (Reuters) – Volkswagen said on Monday it was looking at locations for planned battery cell plants in Spain and eastern Europe and the exact sites for its third and fourth gigafactories would be determined in the first half of 2022.

“By 2030, Volkswagen plans to open two more cell factories in Europe,” the group added in a statement.

Volkswagen also said it was founding a European company to bundle activities in its battery related business, aiming to optimise their efficiency as it eyes becoming the world’s leading electric car manufacturer.

(Reporting by Riham Alkousaa; Writing by Paul Carrel)

Key Takeaways

  • Volkswagen to decide gigafactory locations in Spain and eastern Europe.
  • Decision expected in the first half of 2022.
  • Plans to open two more cell factories in Europe by 2030.
  • Volkswagen aims to lead in electric car manufacturing.
  • A new European company will optimize battery business efficiency.

Frequently Asked Questions

What is the main topic?
The main topic is Volkswagen's plan to decide on new gigafactory locations in Spain and eastern Europe by mid-2022.
Where are the new gigafactories planned?
The new gigafactories are planned for Spain and eastern Europe.
What is Volkswagen's goal with these factories?
Volkswagen aims to expand its battery cell production and become the leading electric car manufacturer.

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