Volkswagen Invests $ 800 Million In Electric Vehicles In The United States

Volkswagen German Automotive Group Invests Around US $ 800 Million (Euro 700 Million) in Its Chattanooga Plant , in Tennessee, United States, for the deployment of electric vehicles there. [196590ThiswasannouncedonJanuary14JanuarybythepresidentoftheVWHerbertDictoryAdministrativeBysendingamessagetoDeutscheWelletodpa

The company plans to create an additional 1,000 jobs in the factory in order to produce the first electric city in 2022. Volkswagen CROZZ SUV

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"The decision to produce our American electric car in Chattanooga is an integral part of Volkswagen's growth strategy in the North. America We are fighting for market share in the United States, "he said.

Currently, the company employs two cars in the Chattanouan factory: Atlas Off-Road vehicles and The Passat sedan last March, Volkswagen announced that it would invest $ 340 million in production for "An example of Atlas Cross Sport off-road vehicle.

It was previously announced that Volkswagen, the world 's largest car company, would invest billions of dollars in the development of new electric vehicles and by 2030 present its electric powertrain to all its models.