US EV Sales Decline 20% Even as Global Demand Keeps Rising

US EV sales fell 20% in Q2 2026 after the federal tax credit expired, even as global EV sales kept climbing — driven largely by China, where 55% of auto sales are now electrified.

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Volkswagen's future vehicle strategy showing a streamlined lineup of electric and modern vehicles as part of its global product reduction plan by 2030.

Volkswagen to Slash Global Lineup by Half by 2030

Volkswagen Group plans to cut its global model lineup by up to 50% and equipment options by 75% by 2030, in one of the largest restructurings in automotive history — here’s what’s driving it.