Foreign automakers’ market share in China hit a record low of 31 % in the first two months of 2025, a loss of one-third of the market since 2020.
Posted by Straight_Ad2258
Foreign automakers’ market share in China hit a record low of 31 % in the first two months of 2025, a loss of one-third of the market since 2020.
Posted by Straight_Ad2258
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source: [https://www.ft.com/content/70e602c7-768c-4b1c-846f-eaf64d38984b?accessToken=zwAAAZYMDSPikc9w5gLHdoxLHNOEb-r2TTiYSw.MEYCIQDKkxcfZjfzCmVeJatnuWg9coh21-J0kXct7t9u1eRBmAIhALLqIUV_bidjgNp-_hlPyeywZzAxG9yu8pdPeDUyIkVi&segmentId=e95a9ae7-622c-6235-5f87-51e412b47e97&shareType=enterprise&shareId=f55512cf-3a04-4ead-9ebd-6f3a595f9aca](https://www.ft.com/content/70e602c7-768c-4b1c-846f-eaf64d38984b?accessToken=zwAAAZYMDSPikc9w5gLHdoxLHNOEb-r2TTiYSw.MEYCIQDKkxcfZjfzCmVeJatnuWg9coh21-J0kXct7t9u1eRBmAIhALLqIUV_bidjgNp-_hlPyeywZzAxG9yu8pdPeDUyIkVi&segmentId=e95a9ae7-622c-6235-5f87-51e412b47e97&shareType=enterprise&shareId=f55512cf-3a04-4ead-9ebd-6f3a595f9aca)
how much of this is just VW, the former titan of industry in China completely dropping the ball in the EV game ?
Is it an exaggeration to just write off Western presence in the market