Volkswagen Cuts EV Output at German Sites as Demand Craters
- Production of VW, Cupra models in Zwickau halted for two weeks
- Expiration of German subsidies leads to decline in demand
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 a small-scale plant in Dresden will cease for the first two weeks of October.