Key facts: EU-India trade deal cuts VW tariffs; VW recalls 44,551 ID.4s; EU EV sales surpass petrol
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The EU and India have signed a trade deal that reduces tariffs on EU cars, including Volkswagen, from 110% to 10% over five years, enhancing Volkswagen's market access in India. Additionally, Volkswagen is recalling 44,551 ID.4 electric vehicles in the U.S. due to fire risks, with dealers providing free software updates and battery replacements. In December, Volkswagen led in electric vehicle sales in the EU, surpassing petrol sales for the first time, highlighting its strong position in the EV market.
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