Volkswagen’s $800M Tennessee factory expansion to include battery pack plant

TechCrunch | 11/13/2019 | Staff
townskey13townskey13 (Posted by) Level 3
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Volkswagen said Wednesday it will build a battery pack assembly facility as part of an $800 million expansion project that will turn the Chattanooga, Tenn. factory into its North American base for manufacturing electric vehicles.

The Chattanooga factory expansion, which is includes a 564,000-square-foot addition to the body shop and is expected to create 1,000 new jobs at the plant, has been in the works for some time now. But the battery pack assembly announcement, while logical, came as a surprise.

Moment - Company - Scott - Keogh - President

“This is a big, big moment for this company,” Scott Keogh, president and CEO of Volkswagen Group of America said in a statement. “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.”

The automaker’s Chattanooga expansion is just a piece its broader plan to move away from diesel in the wake of the emissions cheating scandal that erupted in 2015. Globally, VW Group plans to commit almost $50 billion through...
(Excerpt) Read more at: TechCrunch
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