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Volkswagen pauses development of the all-electric ID Golf as losses mount

By Eve

Volkswagen has paused work on the ID Golf, which was originally due in 2028 or 2029, after the Group reported a €5.82 billion (£4.86bn) loss in the third quarter of 2026. Volkswagen cars posted a €182 million (£151m) loss, its first quarterly deficit since 2020, and Group deliveries fell 9% to 6.01m units in the first nine months. Chief executive Thomas Schäfer told German broadcaster NDR in an internal interview "We're pausing it, not cancelling it", and the company says the electric Golf will still arrive by the early 2030s.

Why it matters

A delay to a mass-market EV built on the 800V Scalable Systems Platform pushes back the arrival of a high-volume model that could have driven future charging demand in Europe. Planners and CPOs should treat Volkswagen's cost cutting, including up to 100,000 job reductions by 2030, as a signal to review assumptions on the timing of 800V fleet growth.

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Original title
“Volkswagen ID Golf halted as Wolfsburg “simply cannot afford” its development”
Published
2 November 2026

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