Volkswagen’s Secret Weapon? PHEVs to the Rescue!
Volkswagen has announced plans to introduce plug-in hybrid electric vehicles (PHEVs) to the U.S. market in an effort to offset its struggles with electric vehicle (EV) sales. This strategic shift, revealed by CFO Arno Antlitz at the World Economic Forum in Davos, Switzerland, underscores the automaker’s ambitions to double its U.S. market share by 2030. Currently, […]