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Volkswagen delays the launch of electric Golf by 9 months due to budget constraints
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Volkswagen delays the launch of its electric Golf by 9 months due to budget constraints, Bloomberg reported citing people familiar with the matter.
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According to the sources, the plan to retool the Wolfsburg plant for the next-generation EVs has stalled due to the budget constraints.
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The electric Golf based on Scalable Systems Software (SSP) being developed with Rivian was supposed to launch in 2028 or 2029.
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The delay could give Chinese rivals led by BYD more time to accelerate their expansion to Europe.
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The sources added that Wolfsburg plant is currently experiencing technical errors and equipment failures, which could reduce output by as many as thousands of units a week for the rest of the year.
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The timing of the electric T-ROC is also expected to be interrupted.