The Volkswagen Group reports 438,500 all-electric vehicle deliveries for its brands in the first half of the year. This represents a 5.8 per cent decrease compared to the same period last year.
The Volkswagen Group reports 438,500 all-electric vehicle deliveries for its brands in the first half of the year. This represents a 5.8 per cent decrease compared to the same period last year.
German car manufacturers and with them the whole german industrial sector, focused on short term revenue in the Chinese market while ignoring that they were giving away the knowhow to a future competitor and that the chinese market is tightly controlled by the Chinese state. Now they’re wondering why China is able to outcompete them globally and why they are losing market shares.
Shout-out to Apple for also doing a ton of manufacturing training in China, but at least they still print money