cross-posted from: https://lemmy.zip/post/51436037
Volkswagen is stopping production at two German electric car factories due to concerns about declining demand.
According to media reports, business with combustion engines continues to be strong. At the main plant in Wolfsburg, for example, special shifts are planned for almost every weekend until Christmas due to the allegedly strong demand for bestsellers such as the Golf, Tiguan and Tayron.
If only there was something they could do about their lack of innovation and ability to meet the actual demands of consumers.
That said, I also don’t think China is playing quite fair, AFAIK their currency is massively undervalued. Which would make it prudent to put up some tariffs, unless we want our car industry to go the way our solar industry went (destroyed by fossil fuel industry whores, now we buy all our solar panels from China).
The frustrating thing is that Germany is one of the most innovative countries when it comes to exactly this type of technology but the living fossils running industry giants are like: „Let me die already!“ while hitting themselves on the head with a hammer.