Electric Vehicles: Volkswagen, Germany Fall Behind in China EV Race
Volkswagen AG is facing heavy competition in China’s EV market from BYD Co., Nio Inc., and other local brands, as the automaker struggles to regain the position it held in the market pre-pandemic. Oliver Crook has the details in today’s “Big Take” on Bloomberg Television. -------- Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
About Volkswagen
Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡŋ̍] ) is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by the German Labour Front, it was revived after World War II by British Army officer Ivan Hirst and over the 81 years since grew into the global brand it is today. As of 2025, the company had a market capitalization of approximately US$58.9 billion.The company is well known for the Beetle and serves as the flagship marque of the Volkswagen Gr...
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