BUSINESSLiveMint · 2 hours agoLive
Audi to invest $4.2 billion in first US factory, plans to build 2 lakh SUVs annually
Reported by LiveMint, not nibnow. We are not the publisher of this story, only the source is.
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WHAT HAPPENED
Audi plans to invest $4.2 billion in its first US factory in Georgia, targeting annual production of 2 lakh SUVs and creating around 4,500 jobs. Construction is expected to begin in 2027, with production scheduled to start in the early 2030s.
WHAT TO WATCH
- •The official start of construction scheduled for 2027.
- •Updates regarding local hiring and workforce development initiatives.
- •Further announcements on the specific models and electric vehicle lineups planned for the Georgia facility.
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