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RE: LeoThread 2024-12-11 08:21

in LeoFinance11 months ago

Part 4/8:

At the heart of Volkswagen’s struggles is the electric vehicle mandate that is prompting significant strategic realignments. Executives at Volkswagen argue that such regulations force them to manufacture vehicles that consumers may not prefer or are unwilling to buy, leading to an unsustainable business model. The mandate follows the infamous Dieselgate scandal, which severely damaged the brand's reputation and has influenced its shift towards exclusively electric vehicles.