AD #3870 - VW Delays More EVs Again; GM Laying Off Workers in China; EV Sales Tank Without Incentives
About this episode
General Motors is laying off white collar workers in China amid poor sales and plans to reduce manufacturing capacity with its partner SAIC. Germany and Sweden's EV subsidy cuts have caused sharp declines in electric vehicle sales, raising concerns about meeting EU emissions goals. Volkswagen delays several EV launches, including its flagship Trinity model, to extend use of existing platforms. Nissan dealerships face profit losses due to declining US sales. BYD prepares to launch a new affordable electric hot hatch in China, while Ford partners with TXU Energy to offer free off-peak home EV charging in Texas, aiming to stabilize the grid and explore future energy programs.
Volkswagen Golf
"...t model on that platform will be a fully electric golf that arrives in twenty twenty nine, or sooner tha..."
Ford Mustang
"...nergy will provide Ford F one to fifty Lightning, Mustang Mac E and Escape Plug and Hybrid customers with a..."
Ford Escape
"... Ford F one to fifty Lightning, Mustang Mac E and Escape Plug and Hybrid customers with a credit that will..."
Ford F-150 Lightning
"...ging. TXU Energy will provide Ford F one to fifty Lightning, Mustang Mac E and Escape Plug and Hybrid custome..."
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