VW to invest USD 763.5 million in Puebla, Mexico, begin EV production in 2025

On October 27, Volkswagen announced it will invest USD 763.5 million in the modernization of its Puebla plant to start production of a new gasoline-powered midsize SUV by the end of 2024 and electric vehicles starting in 2025.
The investment, which is equivalent to building a new plant, will include the modernization....

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