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> At the same time, Volkswagen is following Tesla, BMW AG and others in exporting an EV from lower-cost China to Europe. Its Cupra brand has announced plans to
by makeitdouble 3y ago
> At the same time, Volkswagen is following Tesla, BMW AG and others in exporting an EV from lower-cost China to Europe. Its Cupra brand has announced plans to produce the Tavascan SUV at a factory in Anhui. Built on the same hardware and software platforms as the ID series, the model is due to hit the European market in 2024.
So, once again the only country to manufacture cutting edge technology goods at scale and at a reasonable cost ends up being China.
The geopolitical landscape when China's EV domination fully expends will be something else entirely...