this post was submitted on 02 Nov 2024
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Electric Vehicles
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Same goes for Germany... VW is going to fail and create a German Detroit otherwise. (Almost everyone in Wolfsburg is employed directly by VW or a company working for VW)
Germany's exports value was 12% directly cars and much of the economy is tied to manufacturing either car parts or car-making machines and parts. Germany's economy is really export-focused and highly dependent on China both import and export-wise.