Quote:
Volkswagen and its Chinese partners will pour €15bn into electric vehicles in the country over the next four years as competition intensifies to sell low carbon cars in the world’s largest auto market.
The group on Monday said the investment, made with Chinese joint venture partners SAIC Motor, FAW Group and JAC Motors, will be used to design and manufacture 15 electrified models for the Beijing market by 2025.
[…]
By October, VW will begin production in two new Chinese factories dedicated to electric vehicles, with a combined maximum capacity of 600,000 units per year, it said.
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https://jalopnik.com/cost-of-doing-b...ion-1845213678
News stories like this are why I don't think Tesla's lead is all that insurmountable.