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24 Nov 2023

Volkswagen Halts Production of Key EV Models Due to Reduced Demand

Volkswagen to temporarily interrupt the production of ID.3 and Cupra's Born EV models at its German plants due to a dip in demand, triggered by slashed government subsidies. Production to resume on October 16th. The ID4, ID5, Audi Q4 e-tron, and Audi Q4 Sportsback e-tron models continue manufacture. The company faces competition from Tesla and [China's BYD](https://www.byd.com), and a climate of economic stagnation in Europe. [Source](https://thenextweb.com/news/volkswagen-cuts-ev-production-demand-shrinking)