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Workers stand near a sign marking Volkswagen's 40 years (in China) in Beijing, Wednesday, April 24, 2024. Foreign automakers have been caught flat-footed in China by an electric vehicle boom that has shaken up the market over the last three years. That has left manufacturers like Volkswagen scrambling to develop new models for a very different market than at home. (AP Photo/Ng Han Guan)

Workers stand near a sign marking Volkswagen's 40 years (in China) in Beijing, Wednesday, April 24, 2024. Foreign automakers have been caught flat-footed in China by an electric vehicle boom that has shaken up the market over the last three years. That has left manufacturers like Volkswagen scrambling to develop new models for a very different market than at home. (AP Photo/Ng Han Guan)

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