Volkswagen has come to rely on China for a third of its auto sales, but its market share in the country has been waning as rival carmaker companies like BYD hit the market. As a result, the German automaker is pivoting away from a heavy reliance on China by leaning into American tastes.
The company is investing in new EV models and nostalgic redesigns of models like the iconic VW Bus - calling the new version the ID. Buzz.
WSJ’s William Boston explains VW’s American growth strategy — and its potential pitfalls.
0:00 VW new-look bus
0:31 Nostalgia
2:06 Design for American tastes
5:42 Localize the supply chain
#Volkswagen #EV #WSJ
The company is investing in new EV models and nostalgic redesigns of models like the iconic VW Bus - calling the new version the ID. Buzz.
WSJ’s William Boston explains VW’s American growth strategy — and its potential pitfalls.
0:00 VW new-look bus
0:31 Nostalgia
2:06 Design for American tastes
5:42 Localize the supply chain
#Volkswagen #EV #WSJ
- Category
- Television
- Tags
- volkswagen, vw, volkswagen news
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