FRANKFURT — Volkswagen will suspend production of VW ID3 and Cupra Born battery-electric cars at its Zwickau and Dresden plants in Germany in the first two weeks of October due to weaker demand.
Due to the current market situation, production will be reduced during the autumn holidays in Saxony from Oct. 2 to Oct. 13 at VW’s Zwickau plant, a company spokesperson said on Tuesday.
Production of the ID3 in Dresden will be suspended from Oct. 2 and will resume on Oct. 16.
VW declined to comment on the number of employees affected. The carmaker said earlier this month that it would not extend the fixed-term contracts of 269 employees at its all-electric Zwickau plant.
VW is facing rising competition from Tesla and a growing array of Chinese automakers, as well as dampened demand in the European EV market due to high inflation and cuts to subsidies.