Volkswagen:Competition From China EVs: Difference between revisions

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 === European Automakers Focused On Producing Large EVs ===
+The other reason for the dominance of Chinese automakers in the EV space is because European Automakers focused on producing large EVs which tend to be expensive due to material costs including battery cost. European automakers believed that by producing large EVs they will make large profits. However, that has not been the case since European consumers are looking for cheaper EVs with affordable prices. According to Transport and Environment (T&E), car makers have only introduce 40 BEVs in the A and B segment compared to 66 BEVs in the D and E segment<ref name=":5">https://www.transportenvironment.org/articles/europes-bev-market-defies-odds-but-more-affordable-models-needed</ref>. “Now we are seeing that many buyers are looking for smaller and more affordable cars, and German manufacturers don’t have an answer for that,” Deutsche Automobil Treuhand (DAT) said<ref>https://mobilityportal.eu/size-influence-electric-vehicle-sales/</ref>. On the other hand, Chinese automakers mainly focused on small vehicles<ref>https://info.ornl.gov/sites/publications/files/Pub72210.pdf</ref>. According to T&E, there are 75 BEV models priced at less than €20,000 and only one in Europe<ref name=":5" />.
 == How are prices and profits of models produced by the same Chinese brand developing in different regions? ==