Electric vehicles are gaining momentum, with Volkswagen Group finalizing its new electric architecture, the Scalable Systems Platform (SSP), set to debut with the MK9 Golf by 2028. This notable step aims to enhance the brand's competitive edge in North America, where it needs to regain consumer interest. Additionally, Volvo is making job cuts while warning of tariffs affecting customers, and BYD's aggressive pricing strategies are impacting the landscape for Chinese automakers, indicating a rapidly evolving and competitive EV market.
Volkswagen is finalizing its new electric architecture called the Scalable Systems Platform (SSP), aiming to debut with the MK9 Golf in 2028.
The Volkswagen Group, after years of challenges, is pivoting strongly towards electric vehicles, with a focus on creating attractive options for consumers.
Volvo has announced job cuts while simultaneously alerting customers of impending tariffs, highlighting the shifting landscape of the automotive industry.
BYD's significant price reductions are shaking things up for Chinese automakers, indicating a competitive market and intense pricing strategies in the EV sector.
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