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No they didn't. They had a hiccup in 2020 when the transition to electric cars really started accelerating but after they got their own electric cars into mass
by sehansen 2mo ago
No they didn't. They had a hiccup in 2020 when the transition to electric cars really started accelerating but after they got their own electric cars into mass production they've reclaimed the top spot at 13.9% of the Chinese market. That's just ahead of Geely at 13.8%, Toyota at 7.8% and BYD at 7.1%.
It was hard to find reputable numbers for all of Q1, so my source is only for january and february: https://www.reuters.com/business/autos-transportation/volkswagen-reclaims-top-spot-china-car-sales-byd-falls-fourth-ev-subsidies-fade-2026-03-13/ https://www.reuters.com/business/autos-transportation/volksw...