Published: January 15, 2019

TENNESSEE GOV. BILL HASLAM AND DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT COMMISSIONER BOB ROLFE ALONG WITH VOLKSWAGEN A-G ANNOUNCED MONDAY THAT CHATTANOOGA WILL BE HOME TO THE COMPANY’S FIRST ELECTRIC VEHICLE MANUFACTURING FACILITY IN NORTH AMERICA.  ACCORDING TO A PRESS RELEASE, THE PROJECT REPRESENTS AN INVESTMENT OF $800 MILLION BY VOLKSWAGEN AND THE CREATION OF 1,000 JOBS IN HAMILTON COUNTY.  THE ANNOUNCEMENT TO LOCATE THE FACILITY IN CHATTANOOGA IS A TREMENDOUS WIN FOR TENNESSEE AS IT SHOWS THAT THE STATE CONTINUES TO BE A PRIME LOCATION WITH MANUFACTURING STRENGTH AND HIGHLY SKILLED WORKFORCE.  THE NEW VEHICLES PRODUCED AT THE 3 MILLION SQUARE FOOT FACILITY WILL BE USING VOLKSWAGEN’S MODULAR ELECTRIC TOOLKIT CHASSIS, OR M-E-B AND THE FIRST ELECTRIC VEHICLE WILL ROLL OUT IN 2022.  IN MARCH 2018, VOLKSWAGEN ANNOUNCED AN ADDITIONAL INVESTMENT OF $340 MILLION IN CHATTANOOGA TO BUILD THE ATLAS CROSS SPORT WHICH WILL BEGIN PRODUCTION LATER THIS YEAR.