Volkswagen’s US Electric Vehicle Will be Made In Tennessee

URLhttps://www.industryweek.com/companies-executives/
SourceIndustry Week
Date Published01/14/2019
Author NameIW Staff
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volkswagen AG
Parent companyVolkswagen of America
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):43465
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2022
Capital investment ($):800
Country(ies) from which reshored:Germany
City reshored to:Chattanooga
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric vehicles
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to customers/market
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