Well, this is precisely the reason why German car manufacturers lose the EV battle against China.
The Chinese joint venture policy resulted in research and technology know-how being shared with Chinese companies for free, which triggered the rapid EV development of Chinese car brands. For-profit, Volkswagen will support its demise instead of investing in European infrastructure and technology. A strategy similar to US manufacturers (where technology and battery production is mainly in the country/region) will be the better option in the long run.
Well, this is precisely the reason why German car manufacturers lose the EV battle against China.
The Chinese joint venture policy resulted in research and technology know-how being shared with Chinese companies for free, which triggered the rapid EV development of Chinese car brands. For-profit, Volkswagen will support its demise instead of investing in European infrastructure and technology. A strategy similar to US manufacturers (where technology and battery production is mainly in the country/region) will be the better option in the long run.