VW invest 800 million in its US plant in Chattanooga to add EV line

[Georg]

Volkswagen breaks ground on expansion for electric vehicle production in United States

• Overall plant expansion in Chattanooga brings $800 million investment

• Volkswagen creates 1,000 new jobs

• Production of an electric-only Volkswagen ID. model starts in 2022

• Volkswagen also announces new battery pack assembly facility

Volkswagen of America marked the start of construction for its electric vehicle production facility. The Chattanooga site, where production begins in 2022, will be Volkswagen's North American assembly base for electric vehicles on the Modular Electric Drive Matrix (MEB). The company also announced it intends to build a plant for the assembly of battery packs for EVs at the Chattanooga site.

“This is a big, big moment for this company,” said Scott Keogh, president and CEO of Volkswagen Group of America. “Expanding local production sets the foundation for our sustainable growth in the U.S. Electric vehicles are the future of mobility and Volkswagen will build them for millions of people. "

Volkswagen began long-range EV production of ID.3 earlier this month in Zwickau, Germany, and will then roll out assembly worldwide, including in Anting and Foshan, in China, in 2020. By 2022, MEB vehicles are to be produced at eight locations on three continents. The Chattanooga site will be VW's North-American hub for EV manufacturing.

Volkswagen’s investment of about $800 million in the Chattanooga facility will require the addition of about 1,000 jobs. Production is set to begin in Chattanooga in 2022. First model will be a SUV of ID. family.

The expansion of the plant includes a 564,000-square-foot addition to the body shop.
The company also announced it intends to build a plant for the assembly of battery packs for EVs at the Chattanooga site.

Volkswagen currently builds the midsize Atlas SUV and the Passat sedan at the Chattanooga factory.

https://www.volkswagenag.com/en/new...tric_vehicle_production_in_United_States.html

 

[Hamartia Antidote]

Volkswagen breaks ground on expansion for electric vehicle production in United States

• Overall plant expansion in Chattanooga brings $800 million investment

• Volkswagen creates 1,000 new jobs

• Production of an electric-only Volkswagen ID. model starts in 2022

• Volkswagen also announces new battery pack assembly facility

Volkswagen of America marked the start of construction for its electric vehicle production facility. The Chattanooga site, where production begins in 2022, will be Volkswagen's North American assembly base for electric vehicles on the Modular Electric Drive Matrix (MEB). The company also announced it intends to build a plant for the assembly of battery packs for EVs at the Chattanooga site.

“This is a big, big moment for this company,” said Scott Keogh, president and CEO of Volkswagen Group of America. “Expanding local production sets the foundation for our sustainable growth in the U.S. Electric vehicles are the future of mobility and Volkswagen will build them for millions of people. "

Volkswagen began long-range EV production of ID.3 earlier this month in Zwickau, Germany, and will then roll out assembly worldwide, including in Anting and Foshan, in China, in 2020. By 2022, MEB vehicles are to be produced at eight locations on three continents. The Chattanooga site will be VW's North-American hub for EV manufacturing.

Volkswagen’s investment of about $800 million in the Chattanooga facility will require the addition of about 1,000 jobs. Production is set to begin in Chattanooga in 2022. First model will be a SUV of ID. family.

The expansion of the plant includes a 564,000-square-foot addition to the body shop.
The company also announced it intends to build a plant for the assembly of battery packs for EVs at the Chattanooga site.

Volkswagen currently builds the midsize Atlas SUV and the Passat sedan at the Chattanooga factory.

https://www.volkswagenag.com/en/new...tric_vehicle_production_in_United_States.html

Well this could be Volkswagen’s big comeback if they pull it off. They have been struggling to get a model back in the top 20 in sales for about 20 years now.

 

[Georg]

Well this could be Volkswagen’s big comeback if they pull it off. They have been struggling to get a model back in the top 20 in sales for about 20 years now.

USA is no market of big interest for VW... to much discount to much cheap shit getting sold there and they are handicaped by the chicken tax

 

[Hamartia Antidote]

USA is no market of big interest for VW... to much discount to much cheap shit getting sold there and they are handicaped by the chicken tax

Sorry you can't use that excuse considering 5 of the top 11 trucks sold in the US last year are Japanese.
https://www.businessinsider.com/bes...18-2018-8#2-chevrolet-silverado-291074-107-10
The 11 best-selling pickup trucks in America so far this year

As for all vehicles it's also the same story
https://www.motor1.com/features/280320/20-bestselling-vehicles-2018/
20 Best-Selling Cars And Trucks Of 2018


Basically in the 1990's the quality of Volkswagen took a steep dive and got them bad press and they have been slow to recover.

As an example when we'd set up cones to do an autocross I personally witnessed 2 Volkswagens have the wheel bolts shear off at the axle causing a tire to roll away and the front end bottoming out. .

 

[Georg]

so u dont know what the chicken tax is...the reason why no european car manufactur sell pick ups in the USA

Since 1964 the US of A add a 25% tariff on pick ups from Europe manufactors... no chance to sell pick ups in the US of A under fair conditions

 

[Hamartia Antidote]

so u dont know what the chicken tax is...the reason why no european car manufactur sell pick ups in the USA

Since 1964 the US of A add a 25% tariff on pick ups from Europe manufactors... no chance to sell pick ups in the US of A under fair conditions

Read the fine print again. It isn’t limited to Europe.

https://en.m.wikipedia.org/wiki/Chicken_tax

Besides you guys had been charging 10% on ALL imported US cars long before Trump took office so give your finger pointing a rest.