BMW, Mercedes and Volkswagen (BMW, MBG, VOW) EVs Struggle to Compete in China – Bloomberg
by chilladipa
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Electric Vehicles
BMW, Mercedes and Volkswagen (BMW, MBG, VOW) EVs Struggle to Compete in China – Bloomberg
4 Comments
oh no, I thought their market slowing carteling would help…
Paywalled.
Also, good. These companies pay executives literally billions in salary and compensation yet none of them saw this coming. They deserve to suffer the failings of their fools.
Well I mean the Chinese made a Government-backed effort to push EVs, of course it will also push competition out. If not through price or quality, then through nationalistic spirit.
They had an upper hand, but fucked around with shitty EV cars to appease Petrol Gods. Its a Kodak moment!