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VW investing $800M to build electric cars in Tennessee from 2022

VW investing $800M to build electric cars in Tennessee from 2022

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VW will get started development the ID Crozz EV in Tennessee from 2022.


Volkswagen

Volkswagen on Monday showed the positioning of its new North American electric-car plant: Chattanooga, Tennessee. Rather than development a brand new manufacturing unit, VW will release an $800 million enlargement of its current Chattanooga plant, which these days builds the Passat and Atlas, will permit VW to build long run EVs at the corporate’s MEB modular platform.

The first EV to be constructed in Chattanooga would be the ID Crozz electric crossover, which can roll off the road of the Chattanooga plant in 2022. VW additionally plans to promote the ID Buzz, a modern day interpretation of the vintage microbus, in North America. VW plans to promote 1 million electric cars globally via 2025, and plans to open 8 MEB manufacturing places globally via 2022.

“The US is one of the most important locations for us and producing electric cars in Chattanooga is a key part of our growth strategy in North America,” Herbert Diess, Volkswagen CEO, stated in a remark.

The first VW electric vehicle to release at the MEB platform would be the ID hatchback, which is more or less Golf-sized. It’ll get started manufacturing in Germany via the tip of this 12 months, however may not be bought in the USA.

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