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.
It’s incredible how much it’s grown in 3 years, if it keeps going like that and VW and Toyota still have no attractive EVs to offer they’ll become small players in the Chinese market.
I worked in China but left right after the initial pandemic lockdown in June 2020, back then I barely saw any electric cars on the streets (lived in a big second tier city, not 100% sure on cities like Beijing and Shanghai). Mostly buses and taxis were electric, and only partially.
Now I go on Youtube and look at footage of China’s streets and it’s completely changed.
It’s incredible how much it’s grown in 3 years, if it keeps going like that and VW and Toyota still have no attractive EVs to offer they’ll become small players in the Chinese market.
VW is actually already on the upswing again: https://carnewschina.com/2023/11/09/top-selling-car-brands-in-october-2023-in-china/
I worked in China but left right after the initial pandemic lockdown in June 2020, back then I barely saw any electric cars on the streets (lived in a big second tier city, not 100% sure on cities like Beijing and Shanghai). Mostly buses and taxis were electric, and only partially.
Now I go on Youtube and look at footage of China’s streets and it’s completely changed.