London CNN —
Volkswagen has sold its plant in Xinjiang, a region in northwestern China beset by accusations of human rights abuses, citing “economic reasons.”
“There is no business case for (the plant),” said a spokesperson, noting that it produced combustion engine vehicles until 2019 and, since then, has effectively operated as a distribution center for models produced in other factories.
Citing “huge pressure” from rival carmakers that churn out electric vehicles, the spokesperson said Volkswagen needs “to accelerate the transformation of (its) production network” and that “demand for combustion engine vehicles is going down.”
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