The Financial Times published a photo report on its front page, stating that the cost of electric vehicles produced by Volkswagen in China is only half of that of other production bases, due to lower local battery and labor costs in China. Volkswagen also said that the electric vehicles originally planned to be produced in China were mainly intended for the local Chinese market, but now the plan is to increase exports to markets outside of China. At the same time, Volkswagen also plans to lay off 35,000 employees at its factories in Germany.

Original: www.toutiao.com/article/1849805633579008/

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