Here is a summary of the provided transcription, including every single news point:
The transcription asserts that Volkswagen (VW) has only recently and "shockingly" discovered that consumers in China, identified as the most mature EV market and a leading indicator for global trends, prefer electric vehicles (EVs) over traditional internal combustion engine (ICE) vehicles. It suggests that if VW had intended to continue selling significant volumes of ICE vehicles in China in the second half of the 2020s and beyond, it would have been an "all-time strategic blunder." However, the text then states that VW is a "very smart, intelligent, innovative company" and that they had, in fact, realized "based on all the historical data going back a decade plus," that EV adoption would accelerate and China would lead this global shift. Therefore, to maintain high sales volumes in China, VW understood they would need to produce "compelling, affordable electric vehicles," which the transcription concludes they "exactly what they did."