“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 vehicles (EVs) and weaker ...
Tag: EVs
“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 down prices. Automakers have ...
Chinese Electric Vehicles Could Be “Weaponized” by Beijing, Report Warns
(Natural News)—Ministers in the United Kingdom are being advised to consider banning Chinese electric vehicle manufacturers from securing government contracts over ...
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, citing low consumer demand ...
New Attack on Efficient and Reliable Gas-Powered Vehicles Surfaces in Major City
(WND)—Long have there been attacks on reliable and cost-effective gas-powered vehicles. Back during the historic oil embargoes, critics insisted on ...
EV Semi Prices Need to Fall 30-50% To Compete With Diesel, a New Study Says
(Zero Hedge)—We already know that emission free or EV trucking isn't a cost efficient endeavor, which is why many companies ...
Interest in Electric Vehicles Is Nosediving
In yet another setback for the Biden-Harris regime's push for electric vehicles, American consumers are showing a distinct lack of ...
Volkswagen Considers Shutting Down a German Factory for the First Time in History After Overestimating the EV Market
(DCNF)—Volkswagen (VW) AG is considering shuttering factories in Germany as European car companies struggle to compete with Chinese electric vehicle ...
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 electric by 2030 as ...
Lawsuit Accuses Hyundai America of Conducting “Secret Program” With Dealers to “Inflate” EV Sales
(Natural News)—Hyundai Motor America (HMA) has been accused of pressuring dealers to artificially inflate the number of electric vehicles (EVs) ...