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finickydesert ,
@finickydesert@lemmy.ml avatar

Bummer

Catoblepas ,

Really, nothing to do with the massive emissions testing fraud and associated legal costs?

ksynwa ,
@ksynwa@lemmygrad.ml avatar

I would say that is largely irrelevant. Chinese EVs are so much cheaper there is no way Western producers can compete with them barring tariffs. In a level playing field Chinese companies will completely push out the Western ones in low- and mid-range market. For luxury vehicles maybe the brand recognition can save them but in a tight economy cheaper cars will attract a lot of attention.

avidamoeba ,
@avidamoeba@lemmy.ca avatar

This is a bad interpretation from the outlet. VW has been fighting

filister ,

reuters.com/…/volkswagens-cupra-at-risk-planned-e…

But seriously, they do everything but build compelling and affordable cars.

During COVID they realised they can build only SUVs and sell them for inflated prices and that would be even more lucrative than selling cheaper more affordable and sustainable cars, and now they are surprised why people are not buying their cars.

Mystery, right? /s

ksynwa ,
@ksynwa@lemmygrad.ml avatar

as well as their own operations in China

This is the reason. It is not because of their interest in fairness or free market (there is none), but because China is both critical to their production process and a massive market that cannot be ignored. If China retaliates their execs won’t be able to buy their tenth yacht.

zante ,

VW have been putting billions in China in various investments and joint ventures

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