Volkswagen is scouting a location in North America for a new production factory to build electric vehicles, CEO Scott Keogh told reporters on Wednesday.
“We are 100 percent deep in the process of ‘We will need an electric car plant in North America,’ and we’re holding those conversations now,” Keogh told reporters at the Los Angeles Auto Show.
Keogh’s announcement comes days after General Motors said it will halt production next year at five North American plants, including four U.S. plants.
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