Dieselgate basically. They got a rude awakening around that time and accelerated plans to take EVs to market because they realized that their diesel strategy wa

Dieselgate basically. They got a rude awakening around that time and accelerated plans to take EVs to market because they realized that their diesel strategy was dead in the water. So, they now have EV production capacity on multiple continents and battery supply secured. Their first generation platform has been a bit rough but they are selling cars built on it in volume now directly and through companies like Seat. The probably do so at a loss or with low margins. Which is something they have in common with other struggling manufacturers.