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== Developments == | == Developments == | ||
December 19, 2023: Volkswagen said it will take over the state subsidy for its ID vehicles ordered before December 15. Vehicles ordered this year will receive a subsidy of up to 6,750 euros while vehicles registered between January 1 and March 31 will | December 19, 2023: Volkswagen said it will take over the state subsidy for its ID vehicles ordered before December 15. Vehicles ordered this year will receive a subsidy of up to 6,750 euros while vehicles registered between January 1 and March 31 will receive a subsidy of 4,500 euros, as was the case in the state subsidy. "We see it as our responsibility to support the system change towards electromobility," said Imelda Labbé, Volkswagen board member for sales, marketing and aftersales<ref>https://www.reuters.com/business/autos-transportation/volkswagen-brand-take-over-german-govts-share-ev-subsidy-2023-12-19/</ref>. | ||
December 16, 2023: Germany’s EV subsidy which has paid around 10 billion euros since 2016, will end abruptly today following a revised 2024 budget, the Economics Ministry said. The subsidy was supposed to be in force until the end of 2024<ref>https://www.reuters.com/business/autos-transportation/germany-end-e-vehicle-subsidy-programme-2023-12-16/</ref>. | December 16, 2023: Germany’s EV subsidy which has paid around 10 billion euros since 2016, will end abruptly today following a revised 2024 budget, the Economics Ministry said. The subsidy was supposed to be in force until the end of 2024<ref>https://www.reuters.com/business/autos-transportation/germany-end-e-vehicle-subsidy-programme-2023-12-16/</ref>. | ||
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September 27, 2023: Volkswagen is negotiating a new production deal with workers at its Zwickau plant after terminating its long-standing three-shift agreement. "The aim is to reach a new agreement, jointly supported by the company and the employees, which takes into account the current market situation and ensures the economic viability of the site," Volkswagen said. The three-shift deal currently in place will run until the end of 2023. Volkswagen produced 218,000 vehicles in 2022 at the Zwickau plant, below the 360,000 capacity<ref>https://finance.yahoo.com/news/volkswagen-terminates-three-shift-production-085022842.html</ref>. | September 27, 2023: Volkswagen is negotiating a new production deal with workers at its Zwickau plant after terminating its long-standing three-shift agreement. "The aim is to reach a new agreement, jointly supported by the company and the employees, which takes into account the current market situation and ensures the economic viability of the site," Volkswagen said. The three-shift deal currently in place will run until the end of 2023. Volkswagen produced 218,000 vehicles in 2022 at the Zwickau plant, below the 360,000 capacity<ref>https://finance.yahoo.com/news/volkswagen-terminates-three-shift-production-085022842.html</ref>. | ||
September 26, 2023: Volkswagen spokesperson said the company will suspend production of ID.3 and Cupra Born electric cars at its Zwickau and Dresden plant due to reduced demand. Production at Zwickau plant will be reduced from October 2 to October 13 while production of ID.3 will be suspended on October 2 and will start production on October 16. Volkswagen declined to state the number of employees affected<ref>https://finance.yahoo.com/news/volkswagen-temporarily-pause-production-two-160657089.html</ref>. | September 26, 2023: Volkswagen spokesperson said the company will suspend production of ID.3 and Cupra Born electric cars at its Zwickau and Dresden plant due to reduced demand. Production at the Zwickau plant will be reduced from October 2 to October 13 while production of ID.3 will be suspended on October 2 and will start production on October 16. Volkswagen declined to state the number of employees affected<ref>https://finance.yahoo.com/news/volkswagen-temporarily-pause-production-two-160657089.html</ref>. | ||
September 14, 2023: Zwickau plant will not extend contract of 269 employees due to current market conditions. Volkswagen had initially planned to give permanent | September 14, 2023: The Zwickau plant will not extend the contract of 269 employees due to current market conditions. Volkswagen had initially planned to give permanent employment to 540 staff it hired in recent years. “Volkswagen continues to be 100% convinced of the path to electromobility … however, in light of the current market conditions we can not extend 269 contracts which will run out shortly after a 12-month duration,” its spokesperson said<ref>https://finance.yahoo.com/news/volkswagen-reduce-staffing-electric-zwickau-103946014.html</ref>. | ||
September 13, 2023: The low demand for electric vehicles threatens Zwickau plant with job cuts. Around 2,500 temporary employees in the plant are likely to be affected by job cuts. The ID vehicles including Audi Q4-etron and Cupra Born are manufactured in the plant under the MEB platform. A works council meeting has been scheduled for tomorrow to discuss the situation<ref>https://www.automobilwoche.de/bc-online/volkswagen-werk-zwickau-e-auto-krise-stellenabbau-geplant</ref>. Zwickau plant has an annual capacity of more than 200,000 electric vehicles and employs 10,700 staff<ref>https://www.volkswagen-newsroom.com/en/volkswagen-sachsen-gmbh-zwickau-plant-5901</ref>. | September 13, 2023: The low demand for electric vehicles threatens the Zwickau plant with job cuts. Around 2,500 temporary employees in the plant are likely to be affected by job cuts. The ID vehicles including Audi Q4-etron and Cupra Born are manufactured in the plant under the MEB platform. A works council meeting has been scheduled for tomorrow to discuss the situation<ref>https://www.automobilwoche.de/bc-online/volkswagen-werk-zwickau-e-auto-krise-stellenabbau-geplant</ref>. Zwickau plant has an annual capacity of more than 200,000 electric vehicles and employs 10,700 staff<ref>https://www.volkswagen-newsroom.com/en/volkswagen-sachsen-gmbh-zwickau-plant-5901</ref>. | ||
== Volkswagen All-Electric Vehicles Deliveries == | == Volkswagen All-Electric Vehicles Deliveries == |