Automakers

VW sees slower EV sales in Europe on higher energy prices

VW ID4 electric SUV production
Production of the ID4 electric SUV at VW's plant in Zwickau, Germany. The group’s order bank for full-electric cars in Western Europe is at a high level of over 350,000 vehicles. (Oliver Killig/Oliver Killig)
B
By:
Bloomberg
December 13, 2022 09:10 PM

Volkswagen Group said surging energy prices have hurt electric-car demand in Europe in recent months, though growth in the U.S. is helping offset the slowdown.

Staying current is easy with newsletters delivered straight to your inbox.