VOLKSWAGON HINTS AT BUILDING SECOND PLANT IN CHATTANOOGA
According to a German media outlet, they are reporting that top officials at Volkswagen are considering building a second plant in the United States, right beside the current one, in Chattanooga, TN. However, there is nothing final yet.ย The article states that this move from Volkswagon is a reaction to recent events, including and especially Russia’s invasion of Ukraine, as well as the global supply slowdown. VW officials tell the magazine that setting up a second plant in Chattanooga would reduce the company’s dependence on China, as well as strengthen its business in America.ย ย The capacity in the USA could thus be expanded to up to 600,000 vehicles per year. In addition, the construction of a battery cell plant is also being considered, probably near the plant in Chattanooga.
