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Volkswagen, as part of its settlement following the "Dieselgate" emissions scandal, invested $2 billion in creating Electrify America. In June 2022, Siemens became a minority shareholder of the company. Electrify America supports the CCS and CHAdeMO connector types with plans to add NACS connectors starting in 2025. Electrify America has been ...
On September 6, 2007, Volkswagen of America announced it would relocate its North American headquarters to Herndon, Virginia. [20] [21] Volkswagen sales are particularly strong in the Mid-Atlantic region, as well as both coasts. The company indicated that it is important for them to locate in a region where their customer base is strongest.
Volkswagen AG plans to invest $7.1 billion over the next five years in North America and add 25 new electric vehicles there by 2030, a top executive said on Monday. The German automaker expects 55 ...
German auto giant Volkswagen group reported strong results on Tuesday, but the big headline is another large expansion in EV and “digitalization” spending. Volkswagen to invest $193 billion on ...
On March 3, 2023, Scout Motors announced plans to build a $2 billion factory capable of producing 200,000 EVs a year in Blythewood, South Carolina. [14] The factory will employ up to 4,000 people [15] and it will manufacture the Scout Motor's first two vehicles: a mid-size off-road focused SUV and a pickup truck that are scheduled to be launched in late 2027.
Volkswagen plans to change its brand name in the United States to “Voltswagen” as its shifts its production increasingly toward electric vehicles and tries to distance itself from an emissions ...