Volkswagen Faces Headwinds In EV Market: Emden Plant Production Reduced

  • 📰 InsideEVs
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Volkswagen Faces Headwinds In EV Market: Emden Plant Production Reduced via InsideEVs

Volkswagen ID.4 Production In Emden, GermanyVolkswagen ID.4 Production In Emden, GermanyOlaf Lies, the minister of economic affairs for the state of Lower Saxony, told the newspaper that Volkswagen’s decisions in Emden were “understandable.

” To counter the sales slump, he called for a reduction in value-added tax and additional EV incentives.were up by 68 percent in Europe in Q1 2023 year over year, while US sales increased by a remarkable 98 percent. However, China sales were down by a worrying 25 percent, as it is VW Group’s largest market, and also the biggest plug-in car market by volume in the world.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 579. in BUSİNESS

Business Business Latest News, Business Business Headlines