Sunday, May 22, 2022
News Volkswagen Planning Big Spends for North American EV Production

Volkswagen Planning Big Spends for North American EV Production

VW spending billions on EV production

  • $7.1b plan will add production, allow more regional models

  • North American phaseout of gas expected to start after 2030


Volkswagen of America is planning to spend big bucks to boost EV production capability in North America. That’s US $7.1B ($8.9B CAD) through 2027 as it works to regionalize EV production here as well as ensure it will have ICE product for North America during the transition to electric vehicles.

The plan, reported by Automotive News, calls for more than 25 new BEV models through 2030 across all of its U.S. brands including VW, Audi, Porsche, Bentley, and Lamborghini. What’s extra interesting for consumers is a plan to localise “all major design and engineering responsibilities.” That means, much like the Volkswagen Atlas and Tiguan, vehicles designed to meet the unique needs of the U.S. and Canada. It could allow some EV models that wouldn’t make sense for the rest of the world, but could here.

VWoA CEO Scott Keogh said that the automaker plans to begin phasing out ICE models here after the turn of the decade. Before that, the ID.4 will start production in Chattanooga, TN, while EV versions of the Atlas and Atlas Cross Sport are expected from 2026.

The investments will include a new battery plant as well as overhauling the automaker’s factories in Mexico.

“This profound commitment to our localized capabilities will transform Volkswagen into one of the leading EV brands known for its commitment to innovation, quality, and the communities we call home,” Keogh said.

What Dealers Are Saying

“This is great news for us here in Quebec because demand has been exploding for electric vehicles. With more models and more importantly, with the capacity to meet demand, VW can take a serious option on the EV market here”, says a sales rep at Grenier Volkswagen in Terrebonne, Quebec.

“We are excited to see where Volkswagen goes from here, specifically its new electrified models. Vehicles like the ID.4 have been gaining traction in Ontario, but the model we are most hearing about from consumers in our showroom is an electric Atlas”, says a sales manager at Volkswagen Villa in Thornhill, Ontario.

Trending Now

Audi will Bless us with an RS 6 e-tron

It could arrive by 2025. The A6 Avant e-tron is already irresistible. The RS 6 e-tron will also be based on the PPE...

Porsche Unveils the 718 Cayman GT4 ePerformance

Racing is very important to the Porsche division. The manufacturer may have become a producer of SUVs and even purely electric cars, but that...

Lamborghini Squadra Corse Announces LMDh Prototype Entry for 2024

Lambo will be running top-tier endurance racing for first time LMDh class designed to help cut running costs Lamborghini has just announced its first...

The RWD Cadillac Lyriq will Start at $69,898 in Canada

The entry-level rear wheel drive version will have up to 502 kilometers of range Deliveries of this model will begin in the fall,...

Kia will Unveil a Fleet of Commercial EVs by 2025

The automaker wants to be a leader in sustainable mobility with the help of these vehicles These EVs will range from small pod...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.