Business > Market

Volkswagen's Pivot to Electric Vehicles Will Bring 1,000 Jobs to Tennessee

3 monthes ago   |   By Fortune

Volkswagen will bring 1,000 new jobs to Chattanooga, Tenn., as part of its first electric vehicle facility in North America, the company announced Monday.
The company plans to spend $800 million on a manufacturing facility in the state. Production is expected to begin in 2022. Beyond the direct jobs created, the company expects area automotive suppliers will add employees.
"The US is one of the most important locations for us and producing electric cars in Chattanooga is a key part of our growth strategy in North America," said Dr. Herbert Diess, CEO of Volkswagen AG. “The management...
Read more ...

 

Volkswagen to invest $800M to build electric vehicles in US

Volkswagen to invest $800M to build electric vehicles in US

3 monthes ago   |   By New York Post

DETROIT - Volkswagen said on Monday it is investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tenn., as it shifts toward zero-emission vehicles. The German automaker, in an announcement at the Detroit Auto Show, said it is adding 1,000 new jobs and that electric vehicle production in Tennessee will...
Read more ...

 

VW CEO says hopes U.S. investments help avoid tariffs against EU

3 monthes ago   |   By Reuters

Volkswagen's Chief Executive Herbert Diess said an $800 million investment to build a new electric car in Chattanooga, Tennessee should help ease tensions with United States President Donald Trump.
Read more ...

 

Volkswagen to build electric vehicles at Tennessee plant

3 monthes ago   |   By Miami Herald

German automaker Volkswagen says its factory in Tennessee will be the focus of an $800 million investment in its manufacturing of electric vehicles in North America. Volkswagen said in a...
Read more ...

 

Volkswagen to invest $800 million, build new electric vehicle in U.S

3 monthes ago   |   By Reuters

Volkswagen AG said on Monday it is investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee, as it shifts toward zero emission vehicles.
Read more ...

 

Volkswagen to build new electric vehicle in U.S.: Tennessee governor

3 monthes ago   |   By Reuters

Volkswagen AG is announcing on Monday it will build a new electric vehicle at its plant in Chattanooga, Tennessee as it shifts toward zero emission vehicles, the state's governor told Reuters.
Read more ...

 


Search by Tags

   Market      Autos      Briefing      All-electric cars      Volkswagen      U.S.      Donald Trump      BusinessNews  


San Francisco hairdresser commuting from Arizona to save money

San Francisco hairdresser commuting from Arizona to save money

“I have to plan ahead, but I can get round-trip tickets for $191.” Read more ...

Huawei, the Chinese tech giant accused of spying, released quarterly...

Huawei, the Chinese tech giant accused of spying, released quarterly financials for the first time ever in a defiant move

Chinese tech firm Huawei released quarterly financial results for the first time ever in a defiant move. The company says its first quarter revenue rose 39% to 179.7 billion... Read more ...

Why Theon and Sansa are the perfect non-romantic pairing on 'Game of Thrones'

Why Theon and Sansa are the perfect non-romantic pairing on 'Game of Thrones'

Warning: Spoilers ahead for "Game of Thrones" season eight, episode two, "A Knight of the Seven Kingdoms." On Sunday's episode, Theon Greyjoy and Sansa Stark were reunited for... Read more ...

How Brienne's moving moment on Sunday's 'Game of Thrones' was a spectacular...

How Brienne's moving moment on Sunday's 'Game of Thrones' was a spectacular deep cut reference to the books

Warning: Spoilers ahead for "Game of Thrones" season eight, episode two. On Sunday's episode, Jaime and Brienne had their most emotional and meaningful moment yet when he... Read more ...

Top Democrats say the party is still weighing impeachment after the Mueller...

Top Democrats say the party is still weighing impeachment after the Mueller report

Top Democratic lawmakers weighed the possibility of pursuing impeachment actions against President Donald Trump in response to special counsel Robert Mueller's report in a... Read more ...

At least 2 Americans died in the Sri Lanka Easter Sunday bombings that...

At least 2 Americans died in the Sri Lanka Easter Sunday bombings that claimed hundreds of lives

On Easter Sunday, eight bombs went off across Sri Lanka , killing at least 207 people and injuring more. 27 foreigners were killed in the attacks on churches and hotels... Read more ...

A Ukranian comedian just won the presidential election, according to exit...

A Ukranian comedian just won the presidential election, according to exit polls. Some are concerned about his lack of experience or firm policy positions

Volodymyr Zelensky, a comedian with no political experience, has won Ukraine's presidential election, according to national exit polls released Sunday. Zelensky's campaign... Read more ...

67 pictures from every single year of Queen Elizabeth II's record reign

67 pictures from every single year of Queen Elizabeth II's record reign

Queen Elizabeth II celebrates her 93rd birthday on Sunday, April 21, 2019. Her Majesty is the world's longest-serving monarch. She has outlasted 13 British prime ministers and... Read more ...

Sri Lanka has temporarily blocked access to Facebook, Instagram, and...

Sri Lanka has temporarily blocked access to Facebook, Instagram, and WhatsApp after a series of bombings left over 200 dead, fearing the spread of misinformation

The Sri Lankan government has reportedly blocked access to various social media sites after a wave of bombings left over 200 dead across the country. Although there is no known... Read more ...

The FBI arrested the leader of a militia that has been detaining migrant...

The FBI arrested the leader of a militia that has been detaining migrant families at the border

The FBI has arrested the leader of a militia group that recently sparked backlash for detaining migrants at the US-Mexico border at gunpoint. Larry Mitchell Hopkins, 69, a... Read more ...