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Story summary
- Volkswagen plans to cut 100,000 jobs and close plants after EV sales fell short.
- Volkswagen shut its Dresden factory.
- It may close four additional sites, including Zwickau.
- Volkswagen spent over €1 billion converting Zwickau to electric-vehicle production four years ago.
- Sigrid de Vries warns that shifting automotive capacity to defense may not replace consumer demand without a war.
