Volkswagen is looking for land in Extremadura for a cable factory for electric cars

Volkswagen busca terrenos en Extremadura para una planta de cables para coches eléctricos

volkswagen seeks to set up a cable factoryMaterial necessary for the production of electric cars, Extremadura. This was reported yesterday by OKDiario, which cites sources close to the process. From the Junta de Extremadura, some sources have also confirmed to El Periódico Extremadura, a newspaper belonging to the Prensa Ibérica group as well as to this media, that there are open negotiations, but nothing is closed yet. The search for a location in Extremadura for this new plant comes next confirm the establishment at Navalmoral of a giga-factory to produce batterieswhich makes the leaders of the German brand return to set their sights on Extremadura, according to the aforementioned digital newspaper.

The The German company is once again focusing on Extremadura after having ruled out the region for the construction of the German group’s battery factory with which the Valencian Community ultimately remained with its location in Sagunto.

According to the aforementioned sources gathered by OK Diario, the The Russian invasion of Ukraine accelerated this processsince Volkswagen Group’s cable suppliers for the production of electric cars are Ukrainians. In fact, the aforementioned conflict caused production stoppages in German factories, located in Zwickau and Dresden, due to war-related component shortages since late February. A situation that prompted the Japanese Sumitomo Electric Industries, manufacturer of cabling and fiber optics for vehicles, to decide to relocate its production from Ukraine to Romania and Morocco. The cost of the operation will be financed, in part, by Volkswagen, one of its main customers and directly affected by the lack of supply. “A change of place which could be temporary”, they explain to the newspaper.

Ukraine has a large network of automotive suppliers who supply material to the Spanish factories of Stellantis, Volkswagen and Renault, although in a very small percentage compared to other places like Germany and Northern Europe. .

Part of electric vehicle

The group Volkswagen and Seat presented last Wednesday their project for the loss of the Electric and Connected Vehicle, which will be made up of a total of 62 companies, 61% of which will be SMEs. The group of companies, called “Future: Fast Forward”, aspires to receive money from European funds. Companies from 11 different Autonomous Communities will be present in the project, covering “the entire value chain of the electric vehicle”, as requested by the Government in the Loss bases -approved by the European Commission-, including the presentation window projects will remain open until May 17.

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