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Volkswagen eyes two new North American crops


Mar 3, 2023
Volkswagen eyes two new North American plants


HAMBURG, March 3 – Volkswagen’s supervisory board will on Friday focus on plans for two new factories in North America, 1 creation plant and one battery mobile manufacturing facility, two individuals familiar with the make a difference reported.

Even though the committee is anticipated to approve a web page for its Scout model in the United States, conversations close to a gigafactory are open up-finished, the sources reported. Other difficulties on the meeting’s agenda are Volkswagen’s annual outcomes and its dividend, the people today mentioned.

A man or woman common with the issue earlier this week said the supervisory board would focus on a new plant for the Scout brand name, which is a essential part of Volkswagen’s target to acquire 10% industry share in the United States.

Individually, Volkswagen CEO Oliver Blume in December said the carmaker experienced begun hunting for a site for a battery cell manufacturing unit in North America, incorporating Canada was “a person rational selection” because of to its raw product assets.

“We are nonetheless working really hard to discover a appropriate site for our very first gigafactory in North America and are in superior, constructive talks,” a Volkswagen spokesperson said on Friday, including no determination has been designed but.

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