PROJECTIONS
TAG: PROJECTIONS
“Lower Than Expected Demand” Is Behind VWs Production Pull-Back
Volkswagen to reduce EV production at their Emden, Germany Plant due to a 30% lower than expected demand. This plant is one of Volkswagen’s largest production facilities in Europe. It currently produces the ID.4 and ID.7 electric SUVs, as well as the Passat sedan and estate. Volkswagen said that it will reduce production at the...
Lowered Expectations – 2023 EV Production Edition
EV Projections are changing for some companies like: Polestar: Lowered production predictions from 80K to between 60-70K Lucid: Lowering projections from 10-14K closer to 10K Fisker: Lowered projections from 42,400 to between 32- 36K Nikola: Pausing production Lordstown Motors: Anticipates ending production in the near future. 7 reasons for lowered EV production expectations for 2023:...
