Volkswagen breaks ground Wednesday on its Tennessee plant that will produce two battery-powered cars, according to Reuters. Plans for the $800 million investment in the Chattanooga plant were first announced in January. The ground-breaking shows that Volkswagen is intent on achieving its goal of producing 50 million electric cars in the next several years.
---
In July, VW started converting a factory for producing electric vehicles in Zwickau, Germany, where an estimated 330,000 EVs will be produced per year. Volkswagen is the first major legacy automaker to convert an entire factory to EV production.
Volkswagen will also add EV plants in Anting and Foshan, China, in 2020 – as well as in Germany, in Emden and Hanover, by 2022.
The VW brand forecasts selling 150,000 EVs by 2020 worldwide, increasing to 1 million electric vehicles by 2025.
https://electrek.co/2019/11/12/vw-breaks-ground-on-massive-tennessee-ev-plant-dubbed-a-magic-moment-by-ceo/
- Forums
- ASX - By Stock
- GXY
- Electric cars thread
Electric cars thread, page-1305
-
- There are more pages in this discussion • 1,699 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)