A Volkswagen factory operated with local partner SAIC in Shanghai. Photo: Bloomberg
Volkswagen escalates China’s EV price war with discounts of over US$5,000 aimed at budget-conscious drivers
- VW’s price cuts suggest that competition is getting fiercer, analyst says
- Carmaker’s two ventures are offering discounts of up to 20 per cent on battery-powered SUVs
A Volkswagen factory operated with local partner SAIC in Shanghai. Photo: Bloomberg
