Post by
autofocus111 on Jun 30, 2023 11:51am
Stick a fork in it
The harsh reality of BEVs is emerging. No subsidies? No sales.
>>>Volkswagen is to cut electric car production at one of its biggest factories after “strong customer reluctance” led to far lower sales than expected. The business is pausing work on electric models for six weeks at its plant in Emden, northwest Germany, and will lay off 300 of the 1,500 workers involved in making them. The company blamed lower subsidies for buyers of the cars across Europe and higher inflation for a drop in consumer interest. Demand for electric vehicles is running 30pc below the company’s forecasts.
https://finance.yahoo.com/news/volkswagen-slashes-electric-vehicle-production-102056720.html
Comment by
VerificateASAP on Jun 30, 2023 12:19pm
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