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That may be one reason, the other being they lost the Chinese market almost overnight a few years ago.
by Cthulhu_ 3mo ago
That may be one reason, the other being they lost the Chinese market almost overnight a few years ago.
- sehansen 3mo agoNo they didn't. They had a hiccup in 2020 when the transition to electric cars really started accelerating but after they got their own electric cars into mass production they've reclaimed the top spot at 13.9% of the Chinese market. That's just ahead of Geely at 13.8%, Toyota at 7.8% and BYD at 7.1%. It was hard to find reputable numbers for all of Q1, so my source is only for january and february: 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...