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Volkswagen will stop producing the company’s fully electric SUV ID.4 starting mid-April.
Volkswagen will halt ID.4 EV production in Tennessee by mid-April, shifting to gasoline Atlas models.
KEY POINTS
- Remaining U.S. ID.4 inventory is expected to last until 2027, with no immediate replacement announced.
- Volkswagen plans a future North America-specific ID.4 version but provided no details or timeline.
- Iran's closure of the Strait of Hormuz has caused global oil prices to spike, impacting U.S. car sales.
- Despite U.S. EV market struggles, Chinese EV exports and sales are accelerating amid global gas price hikes.
COMPANIES
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