Chinese EV makers not a threat as prices surge overseas

  • Home
  • Global
  • Chinese EV makers not a threat as prices surge overseas

According to Volkswagen CEO Oliver Blume, European manufacturers have an advantage over Chinese EV makers. VW leader said that the Chinese offer their vehicles “at twice the price they pay in China” of that in Europe.

VW is not threatened by Chinese EV makers, CEO says

Although Blume did acknowledge that “The Chinese have learned how to build cars over the last few decades” at the IAA Mobility show in Munich, he believes VW still holds an…

Continue reading this news update.

Comments are closed