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2022 Volkswagen ID.4: If Only VW Had More Units to Sell

30 Jun 2022, 12:30 IST30 Jun 2022, 12:30 ISTRelevance: 75%
2022 Volkswagen ID.4: If Only VW Had More Units to Sell

📊Executive Summary

Volkswagen's ID.4 electric vehicle has generated significant consumer interest, but the company is struggling to meet demand due to supply chain issues, particularly a microchip shortage. As a result, Volkswagen Canada has halted new orders due to long wait times. The company's Zwickau plant in Germany is currently unable to fulfill global demand, but production is expected to ramp up with the opening of a new plant in Chattanooga, Tennessee, later this summer. This situation highlights the ongoing challenges in the automotive supply chain, particularly in the context of semiconductor availability, which is critical for EV production....

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Classification

Industries

Automotive

Components

Semiconductors & ICs

Regions

Germany
United States

Topics

Supply Shortage
Demand Shift

Risk Categories

Supply Shortage
Lead Time Increase