Volkswagen is on track for its smallest year of China sales since 2012, according to CNBC analysis of public data for the first three quarters of the year.
There has been an explosion of EVs in China over the past few / couple years. Mind boggling. Its about 50/50 between ICE and new energy vehicles in cities like Shanghai in 2023 and probably will be 70/30 in favour of EVs in a couple more years.
There has been an explosion of EVs in China over the past few / couple years. Mind boggling. Its about 50/50 between ICE and new energy vehicles in cities like Shanghai in 2023 and probably will be 70/30 in favour of EVs in a couple more years.