- US plant to be prepared for modular electric toolkit (MEB) by investments totaling €700 million ($800 million)
- Production to start in 2022 with ID. CROZZ electric SUV
- CEO Herbert Diess: “A key part of our growth strategy in North America”
- Volkswagen is establishing worldwide production network for electric cars: eight MEB plants on three continents by 2022
Location decision in North America: Volkswagen to build new generation of electric cars in Chattanooga
The Volkswagen brand is forging ahead consistently with its electric offensive and has now announced the first production location in North America. In future, the Chattanooga plant in Tennessee is to produce vehicles based on the modular electric toolkit MEB, a new generation of electric cars. For this purpose, Volkswagen is investing about €700 million ($800 million) in the plant. The expansion of the plant will create up to 1,000 new jobs plus additional jobs at suppliers. The first electric car from Chattanooga is to roll off the production line in 2022. Over the next few years, eight MEB plants are to be developed in Europe, North America and China. Volkswagen is building up the production capacity needed to sell more than 1 million electric cars per year by 2025.