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Volkswagen shares dived nearly 3% after it shaved its global sales forecast for 2023 and reported lower-than-expected profits. The shares rallied later.
Jim Saker, emeritus professor at Loughborough University's business school and president of the Institute of the Motor Industry, shares his thoughts about the prospects for future production of electric vehicles in the UK since Brexit.
The administration’s push to supercharge E.V. sales must now surmount resistance from manufacturers and consumers as well as likely legal challenges.