Volkswagen’s $800 million pledge to expand its Chattanooga production plant to assemble electric vehicles tops the region’s biggest investments for 2019.
VW Chattanooga Chief Executive Officer Tom du Plessis said during a November groundbreaking that the move is “really bold” and “another leap forward” for electric mobility.
He noted the trust that the German automaker has in an electric vehicle future and in Chattanooga, adding that production is taking place in the Scenic City and not in California.
“It’s a new exciting journey,” du Plessis said.
Just a month earlier in Dayton, Tennessee, Nokian Tyres marked the opening of what its officials say is one of the most modern tire production plants in the world and the company’s largest-ever individual investment.