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Amid several reports that Volkswagen is cutting EV production at two German plants, the automaker revealed the reason – slowing demand. Volkswagen suspends EV production in Germany Last week, a report from the German newspaper Automobilwoche claimed Volkswagen was pausing EV production at its Dresden facility in Germany. Volkswagen’s Dresden facility has built over 150,000 VW Phaeton…

Specialized has just upped its game with the launch of the new Specialized Creo 2, a lightweight electric gravel bike that pushes the boundaries even in a super-svelte package. The bike fits nicely with Specialized’s Turbo e-bike division’s mantra of “It’s you, only faster.” At the heart of the Specialized Creo 2 is the SL1.2 mid-drive motor, specifically designed by the company’s…

In an “EV Sale Fiesta,” Hyundai and Kia plan to cut prices on several electric vehicles amid an ongoing price war in Korea. The planned EV price cuts will run until the end of the year. “We plan to prepare various discount programs to revitalize the domestic electric vehicle market in the future,” A Hyundai Motor Company official stated. Hyundai announced its planned “EV Sale…