- Volkswagen is slowing production of its ID.4 electric vehicle (EV)
- Dealers have sold the car at an average discount of more than $11,000 in recent weeks
Volkswagen is easing production of its ID.4 electric vehicle (EV), the company announced this week. The company hasn’t said how long the shutdown will last.
Volkswagen builds the SUV in Chattanooga, Tennessee. A VW spokesperson tells the Chattanooga Times Free Press that the move doesn’t mean Volkswagen has plans to abandon the ID.4. “This adjustment in no way changes our commitment to the ID.4, our growing EV portfolio or our commitment to our Chattanooga team,” the company says.
The ID.4 has been a slow seller in recent months. Kelley Blue Book data shows dealers sold the average ID.4 in July at a discount of $11,004.
Fully $7,500 of that figure comes from the federal government’s EV tax rebate, which goes away at the end of September. That may have dealers rushing to sell the models currently on their lots under the assumption that fewer shoppers will look for EVs once the discount is gone.
The ID.4 models on dealer lots today are good bargains at such a heavy discount. Our editors like the ID.4’s responsive, fluid ride and user-friendly technology, but note that the least-expensive models have limited range.
