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Volkswagen will commit $7.1 billion over the next five years in the North American region (NAR) (Canada, Mexico, United States) to boost its product portfolio, regional R&D and manufacturing capabilities. By locally integrating its combustion-engine (ICE) and electric vehicle (EV) assembly, American-focused engineering, battery know-how, and software development, Volkswagen aims...

Volkswagen is investing $7.1 billion into North America

The US-made ID.4 coming in 2022, the ID. Buzz electric microbus in 2024, and new SUVs from 2026 will be part of more than 25 new VW Group BEVs through 2030.

By 2030, the company wants more than half of its U.S. sales to come from electric cars.

Volkswagens electrification efforts in North America will receive an additional $7.1 billion investment over the next five years, the company announced on Monday..

VW Breaks Ground on State-of-the-art Battery Lab in Tennessee Share: Welcome to Thomas Insights — every day, we publish the latest news and analysis to keep our readers up to date on what’s happening in industry. Sign up here to get the day’s top stories delivered straight to your inbox.   On November 11, 2020, Volkswagen of America broke ground in Chattanooga, Tennessee, on a new Battery Engineering Lab dedicated to developing and testing electric vehicle batteries.  The $22 million...

This goes beyond just building cars. Despite industry-wide setbacks caused by the coronavirus pandemic, 2020 was a big year for Volkswagen in the US. Both the electric VW ID.4 and Taos compact SUV were revealed, while the new Atlas Cross Sport went on sale. But what not everyone may be fully aware of is the German automakers numerous infrastructure projects that also got underway. Just this month, it announced a new 51-vehicle charge park at its Innovation and Engineering Center in Silicon Vall...

BY Sergiu Tudose | Posted on VW is moving forward with its assault on the U.S. market in a bid to establish itself as an industry giant as far as electrification. The German carmaker hopes to take the fight to Tesla on its home turf. The first order of business is the ID.4 fully-electric crossover, expected to arrive at dealerships nationwide in early 2021. Other plans include infrastructure expansion, as well as further developments in terms of engineering and manufacturing. “The introducti...