Volkswagen is trying to implement a comprehensive cost-cutting programme with up to 100,000 job losses, double the amount previously planned, by 2030 and the potential contraction or closure of several plants.
Volkswagen is trying to implement a comprehensive cost-cutting programme with up to 100,000 job losses, double the amount previously planned, by 2030 and the potential contraction or closure of several plants.
They refused to make the transformation from gasoline to electro vehicles.
Not really. China is trying to wage economical war with the world.
Chinese EVs are made by workers who live in cages and work 12+ hour days making $500/mo in a country that’s only 80% cheaper than the US. IE $500 is like living off $650/mo in the US if your living expenses were paid (and your home was a cage coffin). You’re basically an indentured servant because you can leave, but you’ll be homeless because you can’t save enough to live in the city.
Second, the CCP subsidize the shit out of EVs. Then sells them across the world.
These two things are designed to destroy the auto industry across the world. The sad thing is most people are to idiotic to realize it. They just go “I wAnT cHeAp EvS duurrr”. Plus, at least domestic Chinese EVs are scary AF, they have an insanely higher rate of thermal runaway. You can have you cheap EV at the cost of helping destroy your domestic economy, just don’t park that shit within 590 feet of my house.
I think you’re forgetting about Tesla. Long before China was the competitor Tesla was kicking European carmakers’ asses and they were not even interested in responding. They ignored EV for about a decade and then when EU tried to push them by banning ICE cars they fought against it. Yes, is China beating them now but they made it really easy for them.
China has always been the land of the cheap workforce. What’s the reality today is robot factories, rapid concept to design to delivery pipelines. Essentially Europe, Japan and the USA have lost the race to innovate.
And the ccp cars are garbage/unsafe/rolling spy machines, but if they flood the market they can bankrupt the the auto industry and cause chaos.
All new cars are spy machines. As for unsafe, we haven’t seen that in Australia.