'A very serious situation’: Volkswagen could close plants in Germany for the first time in history

[tikal]

https://www.cnn.com/2024/09/02/investing/volkswagen-factory-closure-germany/index.html

 

[oilhammer]

The article I read (probably much of the same source as this one) talked about how they completely missed the EV target. Apparently, they suck. Funny, I could have told them that much.

I think this is why they bought a chunk of Rivian, to try and buy better (??) tech to the cause.

And Chinese sales are slowing, because of all the cheapo throwaway China-buzz EVs they're flooding the market with.

 

[MrCypherr]

I heard that now Canada (and I think the US) is putting a 100% tariffs on Chinese EVs coming into the country to help stop them flooding the market.

 

[privateTDIjet]

I heard that now Canada (and I think the US) is putting a 100% tariffs on Chinese EVs coming into the country to help stop them flooding the market.

As a Canadian, what other foreign EV manufacturers have you seen other than vinfast and BYD? I can count on one hand how many BYD taxis I've seen, and vinfast does not seem to be all that popular. There's so much talk about chinese EVs but no real ads for real foreign EVs (by real I mean other than honda, toyota, etc....)

 

[gulfcoastguy]

Vinfast is a Vietnamese company.