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Wednesday 22 January 2020

Analysis suggests volkswagen electric car targets are out of reach

In a speech to executives in Germany, delivewd mid-January 2020, Volkswagen CEO Herbert Diess was critical about the automaker’s pace so far toward electric vehicles.

Diess underscored, according to the Financial Times, that shifting to electric vehicles would require “a radical change of direction”—to more of a tech company. 

 Meanwhile, an analysis released last week by the respected consultancy Wood Mackenzie projects that VW will reach a cumulative 14 million electric vehicles by 2028, which will make it the world’s largest maker of EVs by the end of the decade.

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