Volkswagen has overtaken Tesla as the most common electric vehicle in Germany with over 116,000 ID.3 cars sold, surpassing the Model Y, but simultaneously struggles in China's largest EV market where domestic Chinese brands dominate due to lower prices, faster innovation, and superior technology, forcing VW to plan significant job cuts by 2030 as profits decline amid intensifying global competition.
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Volkswagen Just Dethroned Tesla in Germany #EV #automotiveAdded:
VW back on top. Volkswagen just overtook Tesla in Germany. The most common EV on German roads is now the Volkswagen ID.3.
With over 116,000 cars, it has surpassed the Model Y. But, that's not the full story. Volkswagen is struggling in China, the world's largest EV market.
Domestic Chinese brands are cheaper, faster-moving, and more tech-focused.
So, while this is a symbolic win on home turf, it comes at a critical time for VW. The company plans to cut around 50,000 jobs by 2030 as profits fall and competition [music] intensifies. So, is this a real comeback for Volkswagen or just a small win in a much bigger fight?
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