Volkswagen's Tesla competitor won't launch in the US until 2021 - Business Insider

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Volkswagen's Tesla competitor is reportedly delayed until 2021 because of the pandemic

, was originally supposed to launch in California and other states that have incentivized zero-emissions vehicles this year, before a full rollout in 2021. By 2022, VW says it will have full-scale production underway at its Chattanooga, Tennessee plant."We will still have a few hundred vehicles for customer events and drive programs early next year, with the 50-state retail launch starting in March, timed to the spring selling season," they said, according to the website.

A representative did not immediately respond to a request for comment from Business Insider about the report. In October, VW said it's expecting to be hit with a fine from the European Union for failing to hit carbon-reduction targets. While the timing or size of any penalties aren't clear, VW's finance chief said the company has set aside "a couple of hundred millions" from its balance sheet.

 

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