“Cannot Continue”: Volkswagen Hits the Gas on Cost Cuts Amid Tepid EV Demand, Increased Chinese Competition
(DCNF)—Volkswagen (VW) said Wednesday that it needs to cut costs amid slackening consumer demand for electric ...
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Tag: Electric Vehicles
“A Dire Spiral”: Used Electric Vehicle Prices Are Cratering Amid Slackening Consumer Demand
(DCNF)—Resale values for electric vehicles (EVs) have cratered as a slackening of consumer demand has weighed ...
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Three Reasons for Ford’s Massive Retreat From Electric Vehicles
(AIER)—In August, Ford announced it was spiking its plan to roll out an all-electric three-row SUV, ...
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Yet Another Automaker Backs Off Its Big EV Push After Realizing Most Consumers Aren’t Interested
(DCNF)—Swedish automaker Volvo Cars said on Wednesday that it is scrapping its goal of going fully ...
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