EVsElectriveabout 2 hours ago
Volkswagen Group loses ground in battery-electric vehicle sales
1 min read
Volkswagen Group delivered 438,500 BEVs in the first half, a 5.8% decline year-on-year. Sales plummeted 69% in the US and 48% in China. European BEV sales grew 8.4%. The Board plans radical restructuring including plant closures and up to 100,000 job cuts due to lost competitiveness, especially in China.
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