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VWAPY - EV Company News For The Month Of March 2020
Volkswagen AG ADR Repstg Pref Shs
Welcome to the March 2020 edition of Electric Vehicle [EV] company news.
The big news this month was really the impact of COVID-19. Last month China sales and production were badly impacted and as China now recovers global sales and production are now being impacted. This has meant that the German manufacturers have moved towards the top of the sales leader board and the Chinese have fallen, at least for now.
The other big news was both the UK and China extending subsidies for EVs.