(March 22, 2022) HERNDON, Va. — Volkswagen has announced its commitment of $7.1 billion over the next five years in the North American region (NAR) to boost its product portfolio, regional R&D and manufacturing capabilities. Scott Keogh, President and CEO of Volkswagen Group of America, Inc., shared an update on the strategic roadmap with media. By locally integrating its combustion-engine (ICE) and electric vehicle (EV) assembly, American-focused engineering, battery know-how, and software development, Volkswagen aims to drive 55% of U.S. sales to be fully-electric by 2030.