EV revolution leaves German automakers behind
Volkswagen’s sales drop 15% in China, while domestic automakers like BYD, Geely extend their dominance. Can legacy marques claw back market share?
A Volkswagen concept car is displayed during the 2023 Guangzhou International Automobile Exhibition on November 24, 2023 in Guangzhou. Photo: Getty Images
A Volkswagen concept car is displayed during the 2023 Guangzhou International Automobile Exhibition on November 24, 2023 in Guangzhou. Photo: Getty Images