Volkswagen boss Herbert Diess says virtually every electric car his company builds has been spoken for during the rest of 2022
. “We have very high order books and … order intake on electric vehicles. That accounts for all of our models — from ID.3, ID.4, the Audi models — [all] are extremely well received in the markets. Škoda models are also very well received in Europe. We are basically sold out on electric vehicles in Europe and in the United States. And in China, it’s really picking up.
Construction of the battery factory with an annual production capacity of 40 gigawatt-hours is scheduled to begin in the first quarter of 2023, according to the current announcement. Production is scheduled to start in 2026, assuming the funds from the Spanish government are forthcoming. While in Spain, Diess also announced an expansion of Volkswagen’s partnership with the Spanish energy supplier Iberdrola. In the future, they will cooperate on the expansion of EV charging networks in the country and Iberdrola will invest around £500 million to build a large solar park near the Sagunt battery plant to supply renewable energy to the factory.Manufacturers of every description are struggling with supply chain issues today for a variety of reason.
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