Dräxlmaier to open EUR 200 million electric vehicle battery plant in Timișoara

German automotive parts company Dräxlmaier intends to open a plant for the production of batteries for electric vehicles in the western Romanian city of Timișoara.

Dräxlmaier plans to invest EUR 200 million in the e-mobility components factory over the next six years.

“The project will be implemented in several stages and it involves the construction of over 40,000 m2 of production areas, warehouses and office buildings. Dräxmlaier Timișoara will produce electronic and high voltage components. The highlight is the future battery assembly system for hybrid cars produced by a premium carmaker, which will be opened in 2022,” the company said. Local officials attended the presentation.

Batteries are intended for hybrid cars produced by a premium carmaker, which will be opened in 2022

According to Alexander Schubel, General Operations Director of Dräxlmaier Timișoara, through innovative projects in the field of electromobility, the company will create over 1,000 jobs for specialists in top technologies and production processes at the highest standards in the automotive industry.

“We rely on long-term support and partnership with local authorities for the successful implementation of this large-scale project. The factory in Timișoara is nominated to play a key role in the global e-mobility strategy of Dräxlmaier Group”, he said.

The factory in Timișoara is nominated to play a key role in the global E-mobility strategy of Dräxlmaier Group

Timișoara mayor Dominic Fritz said in a social media post that Dräxlmaier’s investment would position the city as a major player in the national and European green technology market.

The city mayor added he believes he would soon congratulate the first Timișoara resident who will drive an electric car equipped with a battery manufactured in the Dräxlmaier’s plant.

The German company employees 15,000 people in Romania including factories in Brașov, Hunedoara, Pitești, Satu Mare and Timișoara. It also has plants in Serbia and North Macedonia.