The Executive Vice President of Purchasing at Seat and one of those responsible for the development of the electrification project and the Volkswagen gigafactory in Spain , Alfonso Sancha, has highlighted that the group’s project in Spain represents an opportunity that goes beyond its own investment , since it opens the door to recover the manufacture in Spain of car components that had been lost.
Sancha considers that the gigafactory and the Future: Fast Forward project of the automobile manufacturer, which also includes the electrification of its Martorell and Landaben factories with an investment of 10,000 million euros, will serve to attract other investments and boost the auxiliary industry.
“We will have a great opportunity to locate many components that we had traditionally lost and that we were importing from other parts of Europe or even from Southeast Asia,” said Sancha, who recalled that the Volkswagen group alone plans to allocate 8,000 million euros to purchases related to the car electricity in the coming years in Spain.
The Seat executive considers that “there are a whole series of components in the industrial fabric that do not exist today” that will be necessary for the production of battery cells and gave as an example that today there is no industrial capacity for aluminum boxes for 800,000 units that it plans to manufacture every year to supply Martorell and Pamplona.
“It is a huge opportunity to attract those who want to invest in this sector,” he stressed during his speech at the Valencian Economic Forum: The economy of opportunities organized by El Español in Valencia.
open to ford
The director of the Volkswagen group also left the door open to expand the production of the Sagunto gigafactory to supply the Ford plant in Almussafes. “If Ford is interested, we will gladly sell you our cells,” he commented during his speech.
The automotive group plans an investment of 4,500 million euros both in the construction of the gigafactory and in its subsequent development and the photovoltaic power plants that will supply the energy.
Mark Phil is a former market analyst and consultant. Mark in his 9-year career as an analyst, worked with top market players like Prodge LLS, Westat Inc. and Precision Opinion Inc. He moved towards writing in the year 2013. In the past, he undertook several freelance projects to begin his writing profession. Mark completed his economics degree from Columbia University. Along with performing sub-editorial duties, he is also writing a book on Market analysis.