Could Audi build electric vehicles at VW plant?
German automaker Audi builds it EVs in Germany and Belgium. At some point it will need to build electric vehicles in the U.S. like everyone else, but it is unlikely for Audi to build a whole new plant with a facility in Mexico and its parent company VW already preparing for EV manufacturing. One clue suggests Audi, if it builds EVs in the U.S., would do it at parent company VW’s plant in Chattanooga, Tenn. Audi shares the same all-electric architecture as the ID.4 — VW Group’s MEB platform — which would make production of the Audi Q4 e-tron quite possible in Tennessee.
German auto parts supplier expanding again in Cullman, Ala.
German auto supplier REHAU plans to invest $50 million in expanding its plant in Cullman, Ala. The company is a major supplier to the Mercedes-Benz plant in Vance, Ala. REHAU will hire 150 workers in the deal.
Martinrea expansion means more than $31 million investment in Kentucky
Martinrea Hopkinsville, a Tier 1 automotive supplier of lightweight structures and propulsion systems, will expand its presence in Christian County, Ky., with an investment of more than $31 million that will create 33 jobs.
Sungwoo Hitech locating first U.S. manufacturing operations in Washington County, Tenn.
Sungwoo Hitech will invest $40 million to locate its first U.S. manufacturing operations in Telford, Tenn. The Korean automotive supplier will create 117 new jobs to manufacture metal stamped components — bumpers, rear components and side framing — for customers including General Motors, Hyundai, Kia, Volkswagen and BMW.
Another tech company heads to McKinney, Texas
Xcelerate Auto, a fintech company that focuses on electric vehicles, has relocated its headquarters from Frisco, Texas, to McKinney. Xcelerate provides funding support and other products to emerging electric vehicle manufacturers.
Amazon-backed Rivian in talks for $5 billion Texas plant
Rivian Automotive, the electric-vehicle startup backed by Amazon, is in talks to invest at least $5 billion to build a factory near Fort Worth. The facility would be able to produce 200,000 vehicles a year and would create at least 7,500 jobs by 2027.
$40 million steel plant planned for Madison, Ala.
Three companies are collaborating on a $40 million factory in Madison to supply needed steel components for auto manufacturers. Madison Metal Processing will begin later this year supplying steel blanks – the precursor for automotive surface body parties – for Mazda Toyota Manufacturing in Huntsville, as well as other automotive suppliers. The factory will hire about 40.
Diode Dynamics builds HQ in St. Charles, Mo.
Automotive LED lighting manufacturer Diode Dynamics is constructing a 70,000-square-foot headquarters facility on 10 acres in St. Charles. The project is expected to create 36 new jobs and the company will move all of its existing employees from Earth City, Mo.
Firestone breaks ground on Kentucky project
A global auto parts supplier has broken ground on a $51 million project adding 250 jobs at a rural Kentucky plant in an expansion tied to auto industry plans to ramp up electric vehicle production. Firestone Industrial Products was joined by state and local officials as construction officially began on the expansion in Williamsburg, Ky. The project is largely geared toward producing air suspension systems for electric vehicles.