VW has overtaken Tesla as Europe's top EV seller
www.businessinsider.com
Volkswagen EV registrations rose more than 150% year-over-year while Tesla saw the biggest decline among the top 30 brands.

Summary

  • Volkswagen beat Tesla in European EV sales across the first three months of 2025, data shows.
  • Registrations for VW EVs are up more than 150%, while Tesla lost huge ground.
  • However, the Model Y and Model 3 remain Europe’s top two most-registered EVs.
  • Kecessa@sh.itjust.worksEnglish
    234·
    2 days ago

    If you don’t consider the impact that sending yet more manufacturing jobs to China will have in the long run and the fact that they have great value because what China is doing is called dumping and the goal is for them to have a monopoly so they can eventually increase prices without having any competitors.

    • suigenerix@lemmy.worldEnglish
      12·
      1 day ago

      Yes, China dumps EVs on other markets.

      But here are some extra insights to consider about the issue:

      • To curb dumping, many countries already have, or are introducing, high tariffs against Chinese EVs. Biden had a 100% tariff on EVs, Canada is 100%, India is 70-100%, the EU is up to 45%, Brazil is ramping up to 35%, etc.
      • Around 90% of all EVs China produces are sold in China. So even if EV dumping ends, it’ll have only a minor effect on production
      • Dumping is caused by over supply of Chinese EVs at the moment. Some countries, like the US under Trump policies, are deliberately attempting to drive down EV demand, further adding to the issue. And as with all markets, over supply can’t be sustained indefinitely, so it’s predicted that multiple Chinese EV manufacturers will go under or merge. This is normal in evolving markets
      • China is innovating much faster with EV tech, especially with battery technology. Meanwhile the US under Trump is removing incentives for EV production and ownership, and causing significant market uncertainty. This will have a far greater effect on Chinese dominance of the technology than dumping
      • China is in the majority of countries in offering government subsidies and tax breaks for emerging products, especially on things like R&D and infrastructure
      • The US and other countries also dump products on a significantly larger scale. For example, the US government subsidizes corn which is sold to world markets under production cost. Exports of corn from the US in 2024 were ~$14 billion, while Chinese EV exports were under $5 billion

      None of this is intended to condone China or any country dumping products, but as a warning about having overly simplified reactions to an issue without understanding the bigger picture.