Volkswagen wants 55% of U.S. vehicle sales to be fully electric by 2030

URLhttps://electriccarsreport.com/2022/03/volkswagen-
Sourcehttps://electriccarsreport.com
Date Published03/22/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volkswagen
Parent companyVolkswagen
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2030
Domestically, the work will be done:In-house
Capital investment ($):71000
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 vehicle
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
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