BEIJING -- Volkswagen Group said it would likely double sales of its ID battery-electric vehicles in China this year and aims to do even better but the automaker could be hamstrung by a shortage of semiconductors.
BEIJING -- Volkswagen Group said it would likely double sales of its ID battery-electric vehicles in China this year and aims to do even better but the automaker could be hamstrung by a shortage of semiconductors.
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.