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> and high restructuring costs from the shift to electric vehicles. I’m baffled how you think “it’s going to cost us a lot to shift to electric vehicles throug
by rsynnott 7mo ago
> and high restructuring costs from the shift to electric vehicles.
I’m baffled how you think “it’s going to cost us a lot to shift to electric vehicles through 2030” could be read as “VW is retreating from electric vehicles”.
- neya 7mo ago> I’m baffled how you think “it’s going to cost us a lot to shift to electric vehicles I'm baffled how you refuse to read further into the topic - How does cutting 50,000 jobs due to EVs translate to "it's going to cost us a lot to shift to electric vehicles" according to you? That's just shifting the baseline of the argument. VW even cancelled EV models after posting this loss. Again, Google, first page. The original link literally shows job losses due to lack of demand for EVs. If that's not a data point indicating retreat, then what else is according to you? https://www.news.com.au/technology/motoring/volkswagen-cuts-jobs-and-electric-vehicle-production-amid-pressure-from-chinese-rivals/news-story/ca27e6acf1f1e950b086fbb33478dc80 https://www.news.com.au/technology/motoring/volkswagen-cuts-... This is not restricted to VW. This is across manufacturers. Google, first page. https://www.caranddriver.com/news/g68920984/evs-discontinued-canceled/ https://www.caranddriver.com/news/g68920984/evs-discontinued... Next time, please read into the data properly. "Facts do not cease to exist because they are ignored." — Aldous Huxley