Volkswagen unveils electric SUV to be made in Chattanooga

URLhttps://www.timesfreepress.com/news/business/aroun
SourceChattanooga Times Free Press
Date Published09/23/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volkswagen Chattanooga
Parent companyVolkswagon Group
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1000
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
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):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredcompact SUV, ID.4, electric SUV, battery packs
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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