Crisis-hit car brand ‘quietly axes’ British-built EV after cutting 20,000 jobs

Crisis-hit car brand ‘quietly axes’ British-built EV after cutting 20,000 jobs

A crisis-hit car brand has unexpectedly canceled its first fully electric vehicle, the Qashqai, three years after its announcement. This decision comes amidst a major global restructuring that will see 20,000 jobs cut worldwide. The move underscores the brand's struggle to adapt to the rapidly changing automotive market and reflects broader challenges facing the industry as companies grapple with economic pressures and shifting consumer preferences toward sustainable transportation. This cancellation could signal deeper issues for the company's future product lineup and market strategy.

Original Source

Read the full article at Thesun →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.