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In a statement on Wednesday, the German car manufacturer said it had reached a deal with its local partner SAIC Motor to sell the controversial assembly plant in Urumqi, Xinjiang which it first ...
A bright orange robot, 10 feet tall, looms over Volkswagen’s new electric car assembly line in central China. It was imported from Germany. The factory’s other 1,074 robots were made in Shanghai.
With Volkswagen pledging an all-electric future, with the goal of EV sales up to 70% in Europe and 50% in the U.S. by 2030, the news of sluggish demand for the cars in both places can't be good news.
Disappointing sales have prompted Volkswagen to cut a shift on one of its two assembly lines in Zwickau, where the company makes the ID.4, the ID.5, two Audi models and two small electric cars.
The car maker’s exit from its Xinjiang factory also comes as the U.S., Canada, and European Union have all outlined plans to place huge import tariffs on electric vehicles manufactured in China.