Volkswagen eyes two new North American plants

HAMBURG, March 3 – Volkswagen’s supervisory board will on Friday discuss ideas for two new factories in North The us, 1 output plant and one battery cell factory, two people today acquainted with the make a difference stated.

Whilst the committee is anticipated to approve a website for its Scout manufacturer in the United States, conversations about a gigafactory are open up-finished, the resources claimed. Other problems on the meeting’s agenda are Volkswagen’s annual final results and its dividend, the persons mentioned.

A person common with the issue previously this week said the supervisory board would go over a new plant for the Scout manufacturer, which is a critical section of Volkswagen’s goal to acquire 10% sector share in the United States.

Separately, Volkswagen CEO Oliver Blume in December said the carmaker had begun exploring for a site for a battery cell manufacturing unit in North The us, incorporating Canada was “a person logical solution” due to its raw materials methods.

“We are however doing the job hard to locate a suited locale for our 1st gigafactory in North The united states and are in excellent, constructive talks,” a Volkswagen spokesperson said on Friday, including no final decision has been created nevertheless.