VW Cancels ID.7 for US & Canada

Investment Analysis Clubs Macro Economic Trends and Risks
1

https://insideevs.com/news/748876/vw-id7-canceled-north-america/

  • Volkswagen has canceled the ID.7 sedan in North America.
  • The Passat-sized EV was previously slated for launch in Q3 2024.
  • VW says that “the ongoing challenging EV climate” is responsible for the decision.
2

Reportedly, VW introduced the ID 7 in China, and it promptly flopped.

Meanwhile, I wonder if VW is having second thoughts about the Billions it is pouring in the “Scout” EV?

Steve