Automotive News: VW cancels bringing ID-7 EV to USA
VW has just announced it won’t be bringing the ID 7 sedan to the United States because of “changing market conditions.” There’s not much of a market for EVs – and because of the changes ushered in with the ushering out of the corrupt Biden regime.
VW is currently having a fire sale on the ID-4 – giving them away with a ridiculously low lease cost at a $40,000 loss on each one.
The new Secretary of Transportation, Sean Duffy, has “directed the National Highway Traffic Safety Administration to reconsider rules covering the 2022 model year through the 2031 model year for cars and trucks.
The agency in June said it would hike Corporate Average Fuel Economy requirements to about 50.4 miles per gallon by 2031 from 39.1 mpg currently for light-duty vehicles,” according to a report published by Automotive News.
“Artificially high fuel economy standards designed to meet non-statutory policy goals, such as those NHTSA has promulgated in recent years, impose large costs that render many vehicle models unaffordable for the average American family,” reads Duffy’s memo. “They also put coercive pressure on automakers to phase out production of various models of popular (internal combustion engine) vehicles.”