Volkswagen announces plans for pure e-car factory in US
Germany’s biggest carmaker Volkswagen has unveiled plans to open a factory in the US that will exclusively produce electric vehicles, the news agency Reuters reports. The company’s new US CEO, Scott Keogh, said Volkswagen has yet to decide the plant’s exact location and would sell a new VW e-car in the US for between 30,000 and 40,000 dollars by 2020. “An electric car that could take on Silicon Valley’s Tesla Inc is part of the massive investment in electric vehicles that Europe’s largest carmaker plans to make,” the article says.
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