Volkswagen is on track for its smallest year of China sales since 2012, according to CNBC analysis of public data for the first three quarters of the year.
I’m not sure I’d call barely beating Xpeng and Leapmotor in EV sales while being outsold 2 to 1 by the likes of GAC Aion and Li Auto to be sales “recovering nicely”, and that’s only because VW has been putting some huge discounts on their ID cars.
Meanwhile literally every month the domestic Chinese EV makers are introducing brand new EVs right in the same segment as the ID3/4/6, while VW has no replacement for those vehicles in sight, at least not in the next 18 to 24 months.
I’m not sure I’d call barely beating Xpeng and Leapmotor in EV sales while being outsold 2 to 1 by the likes of GAC Aion and Li Auto to be sales “recovering nicely”, and that’s only because VW has been putting some huge discounts on their ID cars.
Meanwhile literally every month the domestic Chinese EV makers are introducing brand new EVs right in the same segment as the ID3/4/6, while VW has no replacement for those vehicles in sight, at least not in the next 18 to 24 months.