Volkswagen Invests $2.2 Billion To Build Trinity

Volkswagen's supervisory board has approved a two billion Euro investment in an all-new factory in Wolfsburg-Warmenau, located close to VW's existing famous plant.

Converted to US currency, the deal works out at roughly $2.2 billion, and it will cement Wolfsburg as the home of Volkswagen for the future.

This follows VW's late 2021 confirmation that it will put Project Trinity into production. Project Trinity is nothing more than an outline sketch at the moment, but VW has stated that it will be built on an all-new EV platform with Level 4 semi-autonomous driving technology. It will also be used as a basis for other upcoming projects, including the next-generation Audi Q8.

According to VW, more than 40 million vehicles will eventually be built on this platform, making this investment worthwhile. We can expect the eventual successors of the ID.4 and all upcoming large luxury EV models to run off the same assembly plant.

The Trinity Project also appears to be a crossover coupe, fitting for an all-new halo model.

The new plant will carry the same name as the car it will produce.

VW's new Trinity factory is said to be the main driving force behind the German brand's modernization of its historic home. Last year, VW announced that it would stop producing combustion-engined vehicles in Europe by 2035. It will still keep building combustion engines for the US and China, however. Hopefully, that means at least one more generation of Golf GTI.

As for the Trinity factory, construction will begin in spring 2023, and VW says it will be built to high environmental standards. Once production starts in 2026, the aim is to be entirely carbon-neutral.

Trinity will set the standard by which all other VW manufacturing plants will be upgraded in the coming years.