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.
question. I read that Chinese EVs weren’t taken seriously by the public until about 2020, when Giga Shanghai came over. Apparently Tesla’s requirements raised the bar for Chinese EV parts suppliers and now all Chinese EV brands have access to world-class parts. Is that a big reason behind this as well?
It’s more that there was no real competition in the EV space so plenty of OEMs sort of phoned it in, and while that was fine for city cars having an actually competitive EV in the “core” market of sedans and crossovers made everyone else get serious
question. I read that Chinese EVs weren’t taken seriously by the public until about 2020, when Giga Shanghai came over. Apparently Tesla’s requirements raised the bar for Chinese EV parts suppliers and now all Chinese EV brands have access to world-class parts. Is that a big reason behind this as well?
It’s more that there was no real competition in the EV space so plenty of OEMs sort of phoned it in, and while that was fine for city cars having an actually competitive EV in the “core” market of sedans and crossovers made everyone else get serious