Škoda Auto Invests €205 Million to Open Battery Assembly Hall in Mladá Boleslav
Škoda Auto has opened a new battery assembly hall in Mladá Boleslav, investing €205 million. The facility, covering 55,000 square meters, can produce 335,000 battery systems annually, making Škoda the largest battery producer within the Volkswagen Group. The hall employs 600 people and assembles one battery system per minute, utilizing lithium iron phosphate chemistry to reduce production costs by 30%. This expansion supports the European battery value chain and Škoda's electrification strategy.
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Škoda Auto has opened a new battery assembly hall in Mladá Boleslav with an investment of €205 million, establishing itself as the largest BEV battery system manufacturer within the Volkswagen Group. The 55,000-square-meter facility can produce 335,000 battery systems annually, assembling one system every 60 seconds.
It employs 600 people and uses lithium iron phosphate chemistry, resulting in a 30% reduction in production costs. This facility is part of Škoda's strategy to strengthen the European battery value chain and enhance electric mobility, with a daily output exceeding 1,100 units. The opening was attended by Czech officials and signifies Škoda's commitment to localizing battery production and decarbonizing its operations.
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