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North American EV production is slowly catching up to demand

| March 23, 2023 @ 10:00 am

By: Kyle Stock / Bloomberg

It’s been almost a year since the Volkswagen factory in Tennessee went fully electric. Last July, the 12-year-old plant, located between Couch’s Barbeque and Fat Boy’s Roadside Eats in Chattanooga, made 25 of Volkswagen’s ID.4 electric SUV, the first U.S. production of the automaker’s first mass-market EV. By December, the factory was stamping out 100 ID.4s every day.

Electric vehicle production in North America is finally creeping up on EV demand, as industry incumbents like Volkswagen flex their manufacturing muscles. While newcomers such as Lucid and Rivian are hustling to catch up to Tesla (and to their own targets), the old guard is quickly closing the production gap with the longtime EV frontrunner.

The Mercedes-Benz U.S. International plant in Tuscaloosa County added its first electric vehicle, the EQS SUV, to its production lines last year and has since added the new EQE SUV. Hyundai Motor Manufacturing Alabama in Montgomery is now making the Genesis Electrified GV70 SUV alongside its Hyundai traditional models.

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