Volkswagen cites slow demand amid EV production cuts at German plants
Amid several reports that Volkswagen is cutting EV production at two German plants, the automaker revealed the reason – slowing demand.
Expand Expanding CloseAmid several reports that Volkswagen is cutting EV production at two German plants, the automaker revealed the reason – slowing demand.
Expand Expanding CloseThe fate of Volkswagen’s plant in Dresden, Germany, is up in the air after a new report claims the automaker plans to halt production at the facility. Volkswagen’s Dresden plant built thousands of ID.3 electric models last year, employing around 300 full-time workers.
Expand Expanding CloseVolkswagen’s largest EV production site in Europe is at risk of losing jobs amid low demand. The automaker is holding a staff meeting on Thursday, where it’s expected to relay the news to workers.
Expand Expanding CloseEurope’s largest automaker, Volkswagen, may be on the edge of another crisis. VW is losing market share in its most important market, China, as Tesla and other EV makers in the region widen their lead. Those same Chinese automakers are now turning their sights on Europe, VW’s home market.
Expand Expanding CloseVolkswagen has launched the 2024 ID.6 Crozz electric SUV, a refresh of its three-row electric SUV. The new Volkswagen EV features an improved range, design updates, and a starting price of around $35,500 (258,900 yuan).
Expand Expanding CloseCheck out Volkswagen’s AWD vision of an all-electric sports limousine with 550 hp (411 kW), the ID.X Performance. The performance-oriented EV boasts several new design elements, “combining sporty performance with the elegant lines of a limousine.”
Expand Expanding CloseAccording to Volkswagen CEO Oliver Blume, European manufacturers have an advantage over Chinese EV makers. VW leader said that the Chinese offer their vehicles “at twice the price they pay in China” of that in Europe.
Expand Expanding CloseIn a new promotion, Volkswagen’s joint venture in China, FAW-VW, has drastically cut prices on the ID.4. The electric SUV now starts at 145,900 yuan ($20,060).
Expand Expanding CloseVW has shown an electric version of its classic GTI hot hatch. It’s just a concept so far, but VW says the all-electric ID. GTI is planned for eventual production.
Expand Expanding CloseIs an all-electric Rabbit coming from Volkswagen? The small, nimble Beetle successor (hence Rabbit) was a hit in the US due to its Rabbit-like agility and low cost to own.
Expand Expanding CloseVolkswagen opened pre-orders for its flagship ID.7 electric sedan on Thursday for European customers. The new flagship EV will start at around $62,000 (€56,995) with up to 385 miles (621 km) of WLTC range.
Expand Expanding CloseVolkswagen has begun production on its new flagship ID.7 electric car at its German plant in Emden. The ID.7 is the largest VW electric model yet and the second global MEB-based car behind the ID.4.
Expand Expanding CloseIf you were waiting for the full-fledged electric camper version of the Volkswagen ID.Buzz, you will have to wait a while longer. Although work is still being done, Volkswagen is not planning to release an ID.Buzz California anytime soon.
Expand Expanding CloseThe Volkswagen ID.3 is seeing a surge in demand following the automaker’s decision to slash prices last month. The lower ID.3 price had a significant impact this past month, with sales rising over 300%.
Expand Expanding CloseHyundai Mobis, Hyundai Motor Group’s core supplier, announced a “large-scale order” from Volkswagen Wednesday. The South Korean auto parts giant will supply Battery Systems Assemblies (BSA) for VW’s next-generation EV platform.
Expand Expanding CloseVolkswagen looks to be forming a new EV partnership in China, separate from its collaboration with XPeng Motors. According to a new report, Volkswagen is negotiating with Hangzhou-based EV startup Leapmotor to outsource its technology for its Jetta brand.
Expand Expanding CloseVolkswagen’s smallest electric car, the ID.3, is seeing more orders in China following significant price cuts implemented last month.
Expand Expanding CloseHave an old VW Beetle from the 1960s or 70s laying around and want to convert it into an electric vehicle? It’s easier than you think, and cheaper, too. An electric conversion kit from Alibaba designed specifically for classic VW Beetles can nearly get you rolling for $2,000.
Expand Expanding CloseVolkswagen looks to take your next festival experience to the next level with its new ID.Buzz-based “Glamper Van.” The electric minibus comes fully loaded with an Instagram-ready photo booth for an unforgettable experience.
Expand Expanding CloseVW’s US Innovation Hub just announced four breakthroughs in electric mobility and sustainable transport – here’s what the research center has achieved.
Expand Expanding CloseWarning of tough times ahead, CEO of Volkswagen Passenger Cars, Thomas Schäfer, addressed top VW employees this week, telling them, “This is the final wake-up call.” Schäfer is calling for a short-term spending freeze to get costs under control.
Expand Expanding CloseOnce considered the leader in China’s auto industry, Volkswagen has watched its share of the pie shrink over the past year or so as EV makers like BYD, NIO, and Tesla steal the show. In an attempt to draw in buyers, VW is slashing the price of its small ID.3 electric car.
For a limited time, VW will offer the ID.3 at a “historical low price,” starting as low as 125,900 yuan (roughly $17,500).
Expand Expanding CloseVolkswagen is rolling out an autonomous driving vehicle test fleet with ID. Buzz EVs in Austin.
Expand Expanding CloseThe German automaker’s chief financial officer believes the Volkswagen Group will be able to deliver an affordable EV with new, cheaper battery materials and streamlined production.
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