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No way that European car companies give up that easily. I bet you didn't know that VW is currently the #1 EV seller in Europe and #1 car seller in China (with a
by ahartmetz 7mo ago
No way that European car companies give up that easily. I bet you didn't know that VW is currently the #1 EV seller in Europe and #1 car seller in China (with a small but increasing fraction of EVs there, though):
https://www.reuters.com/business/autos-transportation/volkswagen-overtook-tesla-europes-top-ev-seller-2025-2026-02-05/ https://www.reuters.com/business/autos-transportation/volksw...
https://www.reuters.com/business/autos-transportation/volkswagen-reclaims-top-spot-china-car-sales-byd-falls-fourth-ev-subsidies-fade-2026-03-13/ https://www.reuters.com/business/autos-transportation/volksw...
- joe_mamba 7mo agoSame VW models in China cost about 50% less than in EU.
- rsynnott 7mo agoWhich should in itself tell you that VW can compete on price if it has to.
- joe_mamba 7mo agoI never said they can't sell in China. My question with this was if they can maintain the same levels of profitability they enjoyed during the ICE glory days, as a lot of EU economies are dependent on the profitability of the auto sector. If profits slump, then so will the lives of a lot of working class Europeans. Keep in mind the auto sector used the be the biggest R&D spender in EU. Some companies accept a profit loss in some markets compensated by the profit gains in others in the interest of capturing a growing market so this might distort VW's success in China.
- nxm 7mo agoVW is too slow and bureaucratic to compete with China
- gregorygoc 7mo agoFUD