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Volkswagen's EV Gamble
Published 1 year, 5 months ago
Description
A Volkswagen executive claims that electric vehicles are more economical and reliable than gasoline cars, despite data suggesting otherwise. The company is focusing on launching more affordable models (ID.2 and ID.1) to boost sales, hoping to compete with Tesla and Chinese automakers. Production is shifting to low-cost countries like China and Mexico to address price competitiveness. According to the author, the future of automobiles is electric, with China dominating production.