Volkswagen to invest $800 million, build new electric vehicle in U.S.

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Volkswagen to invest $800 million, build new electric vehicle in U.S.
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Volkswagen AG said on Monday it was investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee, and scheduled a briefing with Ford Motor Co for Tuesday on their efforts to forge a global alliance. The German automaker said in an announcement at the Detroit Auto Show

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