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The German company joins several other carmakers in scaling back plans for electric vehicles.
Volkswagen will halt ID.4 electric SUV production in Tennessee this month to focus on gasoline SUVs.
KEY POINTS
- The decision follows the elimination of federal EV tax credits, which caused ID.4 sales to drop over 60%.
- Volkswagen has produced enough ID.4s to meet U.S. demand until at least 2027.
- Some ID.4 plant workers will be offered other jobs or early retirement, but numbers are unspecified.
- Volkswagen has not confirmed if or when a new electric model will be produced in Chattanooga.
COMPANIES
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