Volkswagen canceled its electric car plan! no demand

Volkswagen has canceled plans to produce the all-electric ID.3 model at its main factory in Wolfsburg, Germany, due to low demand. The company is completely dedicated to electric cars for now. Zwickau will continue production in its factory.

Volkswagen cancels ID.3 electric car production plans at its main factory

VW’s production chief Christian Vollmer: “Every Euro we don’t have to spend is important, we therefore decided to increase the volume of ID3 in Zwickau and continue to use the already fully equipped facility effectively.” said. Company, “slow demand” has been reducing shifts in Zwickau for months.

Volkswagen, ID.3 BEV hatchback It was planning to produce it at its Wolfsburg factory, but due to low demand, it announced that production would continue at the automaker’s electric vehicle-only factory in Zwickau in eastern Germany.

Volkswagen produces internal combustion engines at its Wolfsburg factory (ICE) and plug-in hybrid will continue to produce its vehicles. Golf And Tiguan Models like these are in the factory this year 500 thousandIt is expected to contribute to the production of more vehicles.

All of these are described as powerful models that will ensure good use of the factory. According to Automotive News Europe, VW will launch in 2023. 140 thousand 800 piece ID.3 Delivered.

VW Group by 2026 10 billion euro savings It has launched a cost-cutting program aimed at reducing costs and plans to cut thousands of jobs. The company’s profit from sales target compared to last year 6.5 percent It was increased from 3.6 percent to 6.5 percent.

These developments show how the demand in the electric vehicle market and the strategies of manufacturers are changing. This decision by Volkswagen reflects changes in the company’s financial and operational priorities and seems to affect future steps regarding electric vehicles.

Why do you think electric cars are not popular enough? Is the developing battery technology not yet ready for electric car production? You can share your opinions with us.