Tesla and BYD are putting increasing pressure on Volkswagen

In the race to produce battery-electric cars (BEVs)

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Volkswagen is under increasing pressure from Tesla and Chinese automakers

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and its success might have far-reaching effects.

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As businesses like BYD, Nio, and Tesla overtook Volkswagen in the Chinese

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auto market during the epidemic, the number of EV and hybrid vehicles.

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available on the market nearly doubled (source: Bloomberg).

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by using massive presses with 6,000 to 9,000 tons of clamping pressure to mold.

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