# Volkswagen invests €450M in battery cell factory infrastructure at Salzgitter

Volkswagen will invest approximately €450 million to erect buildings and infrastructure for the Northvolt Zwei joint venture battery cell factory at Salzgitter, Germany, with cell production scheduled to start in early 2024 at 16 GWh capacity.

- Type: Investment
- Announced: 2020-05-08
- Where: Salzgitter, Germany
- Value: $490.0M (450.0M EUR)
- Starts operating: Jan 2024
- Status: announced
- Capacity: 16 GWh
- Products: lithium-ion battery cells
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Volkswagen](https://endata.com/companies/533.md)
- [Northvolt](https://endata.com/companies/7632.md) (partner)

## Sources

- [volkswagen-group.com](https://www.volkswagen-group.com/en/press-releases/volkswagen-invests-in-battery-operations-at-salzgitter-17057), 2020-05-08: "We are optimizing the Volkswagen Group’s strategic position in the key future field of batteries."

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