VW has yet to reveal its electric car, which will cost $30,000-$40,000, but plans to start shipping it in 2020. To stay on course for that timeline, it will build the cars elsewhere to start with then shift production to the new plant -- it's currently building an EV factory close to Shanghai. The company said this month it will invest around $50 billion in autonomous and electric vehicles as well as other mobility services over the next five years.