Thomas Knabel News Today

Zwickau, Germany, adapting to the electric vehicle revolution with Volkswagens factory conversion, navigating through challenges while facing competition from Chinese electric carmakers, emphasizing the need for innovation and adjustments in the auto industry.

The carmaker also halted production of the ID.4, ID.5, Audi Q4 e-tron, and Audi Q4 Sportback e-tron last month

BERLIN: Volkswagen is cutting almost 300 temporary jobs at its flagship electric car plant in Zwickau, the German auto giant said on Thursday, as it struggles to gain a foothold in the EV market.

The union supports company plans to destroy 3,500 jobs so it can make an 8 percent profit, which is the strategic aim of the shareholders.