Volkswagen Halts Production at Two German Factories Due to Slow EV Demand
Volkswagen Halts Production at Two German Factories Due to Slow EV Demand
swedenherald.com
Volkswagen Halts Production at Two German Factories Due to Slow EV Demand | Sweden Herald
cross-posted from: https://lemmy.zip/post/49598995
Both factories manufacture only electric cars.
This is not limited to Volkswagen. China's BYD, the world's largest EV maker, slowed production at its China factories back in June, cancelled night shifts and production at some factories by at least a third of capacity, and suspended some plans to set up new production lines.
People dont have money to spend on 20-50k€ toys when they can just use public transport or cycle to work. I assume the same is happening with the expensive fossil fuel cars.
That is not the problem.
It is far more simple than that.
We are in a recession, people simply don't have the money to buy a new car, when they can get a used car with a far better value.
This is about EV demand slowing down.
But if you can use public transport or cycle to work, you shouldn't drive a car anyway, EV nor combustion engine. We need less cars in our cities and more public transport imho.
BYD got stomped on by tariff. The only pattern is the fact that the oil barons are waging a war against electric vehicles and winning.