this post was submitted on 16 Nov 2024
87 points (100.0% liked)
Technology
37720 readers
475 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
No. They deal with the fact that they didn't start the technological race until it was too late (and haven't fully committed themselves even nowadays) and that they strongly build their sale strategy on the Chinese market - which nowadays is basically an EV market and one where German cars are now seen as either preposterous or "Grandfathers car".
This comes together with a price hike (not only on EVs but also across their fleet - starting long before EVs were common and affecting the combustion fleet as well; see the price of the Golf or Passat compared to an average worker wage over the last 20 years + it's resale value), a major lack of quality control since COVID and a lack of financial planning for this upcoming storm.
In other words: Their problem was not the end of the subsidies (which basically only affected the ID3 anyway as neither VW nor BMW or MB had any other models below the maximum price threshold for the subsidy) but their lack of management flexibility in time with a rapidly changing market.