Volkswagen Cuts EV Output at German Sites as Demand Craters

Volkswagen AG is curbing the production of electric vehicle models at two German plants due to declining European demand and shrinking government subsidies.Production of Volkswagen’s ID.3 and Cupra’s Born electric models will be dialed back at the German carmaker’s main EV factory in Zwickau until Oct. 16, a spokesperson said. Assembly of the ID.3 at … Read more

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