GO WOKE, GO BROKE...
Volkswagon's virtue signaling diversion into electric vehicles
In the late 2010s, VW began its push into electric vehicle production with the introduction of its ID family of electric cars. The increased focus on electric vehicles was largely politically driven by factors like increasingly stringent emissions standards and overly optimistic future demand for electric vehicles.
EV car sales stalling, plant closures
However, VW electric vehicle sales have since taken a turn for the worst. EVs aren’t popular in Germany. Their sales in the first half of 2024 were approximately 317,200 units worldwide, lower than the same period in 2023 (321,600 EVs). The future of EV sales now looks bleak: Volkswagen just announced the closure of its Audi Brussels plant in Belgium, which primarily produces electric vehicles. This decision comes due to lower-than-expected demand for electric vehicles and is expected to take effect in February 2025.
Green Party anti-auto activist, college dropout on VW supervisory board
Sitting on the company’s supervisory board is Julia Willie Hamburg, a German politician from Alliance 90/The Greens. Ms. Hamburg also serves as the Deputy Minister-President of Lower Saxony and the State Minister for Education and Culture.
According to her resume, Ms. Hamburg was educated in Hanover where she studied political science, German philology, and then studied philosophy at the University of Göttingen.
She dropped out of all her studies without a degree. Moreover, she’s
an anti-car activist who travels by bicycle. She has neither industrial
management experience, financial expertise nor an inkling of automotive
engineering. She is one of the top executives at VW. Clearly, running a successful car company is not the objective here!