VW is already the EV leader by sales, Stellantis will follow suit by the end of the decade at top 2.
There are few important reasons:
1. VW and Stellantis combine a huge array of relevant (in EU) brands including (by memory) Jeep, Maserati, Audi, Fiat, Alfa Romeo, Porsche, Lancia, Seat, Cupra, Lancia, Skoda, Volkswagen, Opel, Peugeot, Citroen, Lamborghini.
2. VW and Stellantis have already all the network made of service, parts, dealerships.
3. All markets are different, and as you can imagine European brands know how to build cars for that market.
4. Both companies are gigantic and well diversified across the globe with their supply chains and plenty of deals with Chinese ev and battery makers. Even if the Chinese end up dominating the European market, they will still have to build here and do it in a JV.
