Reuters has reported that Volkswagen plans to build its new generation of Trinity electric vehicles (EVs) at its factory in Zwickau, Germany, scrapping plans for an all-new factory that were pushed under the group’s former CEO.
Share with friends
The Trinity electric car, which is to be based on Volkswagen’s new scalable systems platform (SSP), was supposed to be launched in 2026 as part of plans by former CEO Herbert Diess.
However, shortly after taking office, his successor Oliver Blume pushed the project back by two years in order to relieve pressure on the struggling software subsidiary, Cariad.
Volkswagen had initially planned to build a new factory for the model but owing to delays in developing the brand, the German carmaker was also considering converting its Wolfsburg factory.
"It was decided that there was no need to build an additional plant in Wolfsburg Warmenau," the German carmaker said after a supervisory board meeting during which the location for the prestige EV was discussed.
The news is part of the production allocation plant for Volkswagen's namesake brand through 2028, the group said.
Instead, the Trinity project will go to Volkswagen's Zwickau plant, which is currently suffering from weak demand and is in the process of cutting its three-shift production schedule, which has been in place for more than three decades.
The carmaker added that its iconic Golf model would be "led into the electric future" at its main Wolfsburg plant, the carmaker's headquarters, which were hit by a major IT outage earlier this week.
"Within the context of our performance programme, this newly approved vehicle allocation plan will make a substantial contribution to a strong, competitive VW brand," Volkswagen brand CEO Thomas Schaefer said.
Supergroup Dealerships announced the upcoming launch of four new MG dealerships as part of its growing portfolio. The new locations that are set to open soon, include three on the East Rand, one in Rustenburg and one in Paarl, Western Cape.
The highly anticipated F&I Industry Awards 2024, which were held recently, showcased the pinnacle of excellence and innovation in the automotive financial and insurance sector.
In a groundbreaking move towards offering a comprehensive, one-stop integrated service to its customers, Absa has introduced an integrated Finance & Insurance solution for dealer partners across South Africa. This innovative initiative marks a significant step towards enhancing customer experience and streamlining financial services.
Stellantis and Zeta Energy Corporation announced a joint development agreement aimed at advancing battery-cell technology for electric vehicle applications.
Introducing an unmistakable, unexpected and dramatic physical manifestation of Jaguar, as the brand continues its transformation, the Type 00 (pronounced Type Zero Zero) embodies Jaguar’s creative philosophy of Exuberant Modernism following the debut of its new brand identity, says the manufacturer.
CHARGE (formerly Zero Carbon Charge) officially opened its first off-grid, ultra-fast green electric vehicle (EV) charging station to the public in Wolmaransstad in North West Province.