VW Breaks Ground on Expansion for U.S. Electric Vehicle Production
November 13 2019 - 12:44PM
Dow Jones News
By Michael Dabaie
Volkswagen of America said it began construction on its electric
vehicle production facility in Chattanooga, Tenn.
VW said production will begins in the facility in 2022, and it
will be Volkswagen's North American assembly base for electric
vehicles.
Volkswagen said it began long-range EV production earlier this
month in Zwickau, Germany, and will then roll out assembly
worldwide, including in Anting and Foshan, in China, in 2020 and in
the German cities of Emden and Hanover by 2022.
Volkswagen said its investment of about $800 million in the
Chattanooga facility will require the addition of about 1,000 jobs.
Production of VW's ID. CROZZ vehicle is set to begin in Chattanooga
in 2022.
The expansion of the plant includes a 564,000-square-foot
addition to the body shop. Volkswagen will build both internal
combustion engine vehicles as well as battery electric vehicles on
the same assembly line.
The company also said it intends to build a 198,000-square-foot
plant for the assembly of battery packs for EVs at the Chattanooga
site.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
November 13, 2019 12:29 ET (17:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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