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Signs that Volkswagen is in trouble as it struggles to adapt to electric vehicle production

  • March 2, 2024
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In a recent statement, Volkswagen says production of electric cars temporarily halted he said. We can even say that in a sense he warned that the electric car

Signs that Volkswagen is in trouble as it struggles to adapt to electric vehicle production

In a recent statement, Volkswagen says production of electric cars temporarily halted he said. We can even say that in a sense he warned that the electric car industry would decline.

Besides Volkswagen, we have seen such pullback moves from several industry giants. For example Mercedeshad canceled plans to sell electric cars from 2030. From technology giants Apples Although it was a matter of curiosity when Apple Car would appear, we witnessed the cancellation of this project. While such events are manifesting in the industry from Volkswagen We should not be surprised by his situation.

The point is: Volkswagen’s iconic ‘Transparent Factory’ is struggling to keep up with the electric car market.

transparent factory

Volkswagen is even selling electric cars 50% drop have lived. This is a big enough failure for the company to make the decision to stop producing electric cars altogether.

So that’s his country in Germany In fact, it sold well under schedule. Mainly productions seasonal was stopped and employees were laid off. Then the production complete It was said that it had stopped.

Volkswagen bosses claim that there will be a serious drop not only in their own sales, but also in the electric car industry, and they emphasize this.

manfred wolff

Senior executives of the company Manfred Wulff, in his statement There is serious customer resistance to purchasing electric vehicles told. Again, several senior executives said European consumers are concerned about purchasing electric cars. “hesitant” He stated that they were. This situation does not only occur at Volkswagen. Several brands such as Mercedes, Audi and Aston Martin also indicate that demand is currently at a low level.

So is this really the case? If we look at the data for 2022 Electric vehicles doubled their share of the car marketIn France alone, sales rose 17%, while Tesla sales rose from the previous year. 146% increase We see it pass.

Model Y

Even Tesla’s Y model In 2023 it became the best-selling vehicle in Europe.

Volkswagen has a number of reasons; such as high inflation and rising interest rates and the end of state support for electric car production in Germany.

BYD

Moreover, in the electric car industry Tesla And BYD Leading manufacturers such as these have intensified competition in Volkswagen’s key markets. Volkswagen’s car sales have fallen to near zero in some countries as Tesla and Chinese electric car makers introduce much cheaper electric cars.

Volkswagen is about to completely withdraw from China, which used to be one of its largest sales countries. Because just as good as the Chinese manufacturers who are new to the sector reasonable prices unable to do this.

While other companies managed to produce electric cars cheaply, why didn’t Volkswagen?

Tesla factory

This is because Volkswagen for the electric car industry and technology The fact that it hasn’t been able to keep up as much as other companies. Despite the vehicles being equipped with older technologies, vehicle prices remained above the industry average. behind this of administrative errors There are many reasons for technological shortcomings.

Former CEO of Volkswagen Herbert DiessenDuring his visit to the Tesla factory in America, he saw that Tesla could produce eight vehicles in the time it took Volkswagen to produce one vehicle, and he was shocked.

Volkswagen is literally up to its neck in debt.

Herbert dies

$192 billion We are talking about a debt. It corresponds to the total national product of some countries. How did this company get to this point?

from Volkswagen emission frequency There’s probably no one who doesn’t remember it. In 2015 it was revealed that he used software tricks to exceed the legal emission limit, and this situation significant decline in company shares It had led.

I wish it would just stay that way. In recent years, thousands of vehicles have had serious faults that led to them being returned. Volkswagen worldwide Withdrawing more than hundreds of thousands of vehicles from the market remained in this situation because parts such as charging cable, battery and sliding roof were damaged. Extreme fire hazard Errors had come to light that created this.

The brand has seriously lost confidence. Will they be able to get away with it?

e-fuel

Volkswagen drivers They had failed to make the company profitable and produce vehicles at an affordable and reasonable price. Instead, work began on a new technology.

This technology can be used in gasoline vehicles that we know and which are almost non-existent Co2 emissions do not e-fuel Called a fuel. This fuel will already be available in 2027 powered by petrol or diesel They plan to implement it in a way that could also apply to vehicles.

It’s sad to see Volkswagen in its current state.

volkswagen

Volkswagen’s experiences indeed traditional car manufacturers It’s like an overview of the many problems he faces. The sector is developing at an unprecedented pace to electrification As we move forward, companies like Volkswagen must adapt quickly and efficiently to secure their place in the future of the industry.

Ford, Toyota Many companies like for the electric car industry He finds it increasingly difficult to adapt and throws in the towel one by one. We hope that the company will learn important lessons from all the mistakes it has made and provide affordable, environmentally friendly succeeds in developing new technologies.

Sources: The Driven, Top Gear, Arena EV, Charge Drive, Euronews, This Money

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