![]() VW is leveraging its large infrastructure of suppliers, factories and workers, long a handicap to its profitability, more aggressively than rivals BMW, Renault SA, General Motors Co and Tesla, which were all quicker to sell a custom-designed electric car. The move to electric vehicles will be expensive, but will probably be led by traditional manufacturers.” “The truth is barriers to entry in autos remain high,” said Max Warburton, an analyst at Bernstein Research. The scale and speed of VW’s electrification push marks a shift in favour of established manufacturers that can use existing factories and profit from combustion-engined sport utility vehicles (SUVs) to scale up faster than startups. Tesla is still trying to reach its goal of making more than 500,000 cars a year by building a new factory in Shanghai, China, while VW can rely on an established workforce in two of its plants in Anting and Foshun to build zero-emission cars. The Chinese plants will have a production capacity of 600,000 vehicles, according to Volkswagen’s plans, which have not been previously reported - revealing VW’s ability to industrialise production faster than other pioneers in the electric vehicle market. ![]() Volkswagen is readying two Chinese factories to build electric cars next year. ![]() An automated body welding line for electric cars is seen at Volkswagen's Zwickau assembly plant in Zwickau, Germany, September 13, 2019. ![]()
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