"The VW plants in Zwickau and Emden specialize in electric cars and so are particularly vulnerable to the short-term "slump in demand", as claimed by the company. According to media reports, business with combustion engines continues to be strong. At the main plant in Wolfsburg, for example, special shifts are planned for almost every weekend until Christmas due to the allegedly strong demand for bestsellers such as the Golf, Tiguan and Tayron. Volkswagen reportedly has had to ramp up production there in order to work through a growing order backlog."
VW should just cut its losses and invest into hydrogen as energy source or battery technologies that they can profit off from.
ICE cars will still be as strong as ever because EV are only a concern for city folks and Europe in general. They bring more inconveniencies than benefits in the long term, and money would be better spent in making ICE cars more reliable/efficient.
I think Honda and Toyota are approaching this in the right direction, investing in hybrid engines