German automaker Volkswagen will build a €2bn plant close to its head office in Wolfsburg. The new site will be used to produce Trinity’s future flagship electric vehicle. The construction of the plant will begin in 2023, and the first cars should leave its assembly line in 2026.
Volkswagen’s flagship electric vehicle project is reportedly similar to Audi’s Artemis program, which plans to create a family of high-performance electric vehicles. Little is currently known about Trinity. Volkswagen only stated that the flagship electric car will feature a “much shorter charging time” of the battery and “a range of more than 700 km” . Now, the automaker has announced that the Trinity will be produced at a new plant, construction of which will begin next year.
“Volkswagen has reached another milestone in its transformation journey: a new €2 billion investment for the Trinity electric model will be built next to the Wolfsburg headquarters. The Supervisory Board of the concern made a corresponding decision. The new plant is a key component of the largest modernization program in the history of Volkswagen’s flagship facility .
The German automaker also announced its intention to increase the speed and efficiency of production. The company’s goal is to build one electric car in less than 10 hours. Currently, the production of one electric vehicle of the company takes about 30 hours.