It is the dawning of a new era. Volkswagen is committed to the electrification of its vehicles – the brand is investing around 18 billion euros in future technologies by 2026 alone. One of these technologies is battery technology. The share of purely electric car sales in Europe is expected to rise to more than 70 percent by 2030 – and to more than 50 percent in China and the USA. That is why Volkswagen is developing the region between the Lower Saxony locations of Wolfsburg, Salzgitter and Braunschweig into “Battery Valley”. From that location, a newly founded European public limited company will drive forward the expansion of the fast-growing battery business. The company, headquartered in Salzgitter, is responsible for all activities from the purchase of raw materials to the development of the Volkswagen unit cell and the management of initially six gigafactories in Europe. Within the Volkswagen Group, battery activities are the responsibility of the Group Board of Management’s Technology Division.
It is no coincidence that the name “Battery Valley” alludes to California’s Silicon Valley. Similar to the west coast of the USA, top experts from all over the world work in interdisciplinary teams to help design the world of tomorrow with new technologies and products.