Volkswagen engages in discussions with the University's administration on campus matters.
Scrapping ID.3: Volkswagen to End Production at Dresden Plant
By year's end, the smallest assembly plant owned by the car juggernaut will close shop. A piece of the central Dresden factory grounds may continue as a haven for groundbreaking research, though.
The negotiators from Volkswagen and the Technical University (TU) Dresden have been haggling over the joint use of the factory grounds in the Saxon state capital, a spokesperson for both parties confirmed. The Free State is also part of these talks. The Handelsblatt reported that a deal is in the works, but set to be finalized come summer.
If the deal goes through, according to the TU, an innovation campus for top-notch research tied to strategic corporate partners will materialize. As reported, half of the site could be accessible by next year, with the remainder staying under VW's control.
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Should a deal materialize, an innovation campus for avant-garde research would be born, the TU claims. The vision, according to the report, prioritizes an integrated research hub with close ties to key industry partners.
Sales woes plague Volkswagen. To tackle this, the company aims to shedding 35,000 jobs nationwide. At the Transparent Factory, production of the electric ID.3 model, employing roughly 320 employees, will cease by end of this year. The establishment, initially a star project for Volkswagen in 2001, is the group's latest and smallest production site. In February, Minister President Michael Kretschmer reminded about the commitment for car production at the site[1].
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dpa
[1] Volkswagen
[2] TU Dresden
[3] Free State of Saxony
- The collaboration between Volkswagen and TU Dresden, if successful, could lead to the creation of an innovation campus focused on advanced research with close ties to strategic partners in the manufacturing, technology, and automotive sectors.
- Despite the closure of the Dresden plant, the manufacturing industry may continue to play a role in the location, as an innovation campus for cutting-edge research could emerge.
- Although the Dresden plant will no longer be involved in production, the finances surrounding the potential innovation campus and the division of the factory grounds are currently under discussion between Volkswagen, TU Dresden, and the Free State of Saxony.
- The transportation sector will provide access to the future innovation campus, as reported, half of the site could be accessible by next year, with the remainder remaining under Volkswagen's control.
