Part 6/8:
Global Manufacturing Trends: A Look to China
Looking ahead, it seems likely that much of Volkswagen’s manufacturing may transition to China, where production costs are significantly lower. As the future of vehicle production shifts increasingly towards electric models, China’s dominance in the EV market—estimated at 80% of global production—poses formidable competition for Volkswagen. The germination of low-priced, high-quality EVs in China may eventually pressure European manufacturers to adapt or face obsolescence.