# Volkswagen invests €26M in press shop expansion at Zwickau plant for EV production

Volkswagen is expanding its press shop at the Zwickau plant with a new XL press, investing around €26 million. The press will produce exterior body parts for electric vehicles starting February 2021.

- Type: Expansion
- Announced: 2020-05-26
- Where: Zwickau, Germany, Germany
- Value: $28.5M (26.0M EUR)
- Starts operating: Feb 2021
- Status: under construction
- Capacity: press shop expansion by about 25%
- Products: exterior body parts for electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [autoland-sachsen.com](https://www.autoland-sachsen.com/vw-zwickau-erweitert-presswerk-fuer-e-auto-karosseriefertigung/), 2020-05-26: "Mit einem erweiterten Presswerk will VW Zwickau zukünftig nahezu alle Karosserieteile für die am Standort gefertigten E-Autos selbst produzieren."

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