denied the reports, saying that it has no plans to make an announcement and that it cannot confirm the business trips of its employees. It did confirm that it plans to make at least one EV at every one of its plants by 2030, including Mexico.
Separately, Mexico’s president, Andres Manual Lopez Obrador, said in June that more investments were expected in Puebla’s automotive industry in the near future. It was not clear how large those investments would be.of Puebla. Last year, it announced a $7 billion investment in its North American production facilities. At least a portion of that investment will go toward the production of electric vehicles, which has already commenced in Chattanooga, Tennessee.
Reports previously indicated that Audi is considering building a plant in the U.S. to take advantage of the Clean Vehicle Credit, as laid out by the Inflation Reduction Act. Vehicles built in Mexico also qualify for the credit, provided their batteries are also assembled in North America. Indeed, VW plans to open a battery
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