HAMBURG – Volkswagen Group’s supervisory board was assembly on Friday to debate plans for 2 new factories in North America,  two individuals aware of the matter stated. One might be a manufacturing plant and the opposite might be a battery cell manufacturing facility.

Whereas the board is anticipated to approve a website for its Scout model within the U.S., discussions round a gigafactory are open-ended, the sources informed Reuters.

Reviving the Scout model is a key a part of VW’s goal to realize 10 % market share within the U.S.

VW Group CEO Oliver Blume in December stated the automaker had begun looking for a website for a battery cell manufacturing facility in North America, including Canada was “one logical choice” due to its uncooked materials assets.

“We’re nonetheless working onerous to discover a appropriate location for our first gigafactory in North America and are in good, constructive talks,” a VW spokesperson stated on Friday. No determination has been made but, the spokesperson stated.

Different points on the assembly’s agenda are Volkswagen’s annual outcomes and its dividend, the sources stated.