Volkswagen CEO does not see Chinese EV makers as a threat as prices double overseas
September 6, 2023
According to Volkswagen CEO Oliver Blume, European manufacturers have an advantage over Chinese EV makers. VW leader said that the Chinese offer their vehicles “at twice the price they pay in China” of that in Europe.
VW is not threatened by Chinese EV makers, CEO says
Although Blume did acknowledge that “The Chinese have learned how to build cars over the last few decades” at the IAA…