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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?

EV revolution leaves German automakers behind
A Volkswagen concept car is displayed during the 2023 Guangzhou International Automobile Exhibition on November 24, 2023 in Guangzhou. Photo: Getty Images

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