Volkswagen's Big Bet on Electric Vehicles Hits China, Subsidy Setbacks - Bloomberg

Europe's largest carmaker is struggling to transition to EVs, as other investments also stumble

Workers gather at a food truck in the snow at the Northvolt Ett plant in Skelleftea, Sweden, in February 2022. Volkswagen is an investor in Northvolt.

Welcome to The Brink. We are Monica Raymunt in Berlin and Irene Garcia Perez and Giulia Morpurgo in London, where we’re following the many challenges facing Volkswagen. We also have updates on The Container Store, Brazilian airline Azul and the private equity-backed companies defaulting on their debt. Follow this link to subscribe. Send us feedback and tips at [email protected] or DM on X to @irenegperez.