# Volkswagen invests €1.2 billion to convert Zwickau plant to electric vehicle production

Volkswagen is investing about €1.2 billion to convert its Zwickau plant from internal combustion engine production to 100% electric vehicle production. By 2021, the plant will produce up to 330,000 electric vehicles per year.

- Type: Expansion
- Announced: 2019-10-31
- Where: Zwickau, Germany, Germany
- Value: $1.33B (1.20B EUR)
- Starts operating: 2021
- Status: under construction
- Capacity: 330,000 electric vehicles per year
- Products: electric vehicles, ID.3
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Volkswagen](https://endata.com/companies/533.md)

## Sources

- [volkswagen-newsroom.com](https://www.volkswagen-newsroom.com/en/production-start-of-volkswagen-id3-6348/the-plant-6351), 2019-10-31: "Volkswagen is the very first volume automaker to entirely convert a large vehicle plant from 100 percent internal combustion engines to 100 percent e-mobility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.