Chapter VW: “Tesla creates the future, and we try to catch up”February 25, 2020
Herbert Diss is convinced that the future of passenger transport is electric cars. Now there is a clear leader in the race for consumer wallets, but its results are far from being decided. Automobile concerns with multi-billion-dollar resources are preparing a retaliatory strike.
Volkswagen CEO Herbert Diss devoted his extensive interview with reporters at the World Economic Forum in Davos to the future of electric transport. He recognized Tesla’s leadership in this area, but at the same time expressed confidence that VW would eventually catch up with Ilon Mask.
“Tesla is a pioneer, they create something new for the industry. I think we follow right after them. And I’m very optimistic that we will be able to compete with Tesla and, at some stage, we may overtake them, ”said Diss.
Last week, after a crazy rally, Tesla walked around the capitalization of VW, and the head of the concern, of course, was asked about this. “Market valuation speaks of the future and expectations. Tesla has created a product that describes the future of the automotive industry – a fully connected electric car. ”
The head of VW is sure that this is the right direction: “The future of passenger cars will be electric, that’s for sure. Now it is absolutely clear. The train moved, it is gaining speed faster. We are preparing for this world. It mainly cars without emissions. “
Diss added that he takes Tesla “more seriously than Google”, and at the same time emphasized that there are many other very serious competitors – for example, Toyota, which is not in a hurry to abandon the internal combustion engine.
The result of the race is not yet predetermined, the boss of the German concern insists: “The company that adapts faster than others, and the most innovative, but also large enough for the new world, will win.”
After the “dieselgate” VW made the main bet on electric cars. Diss said earlier that the concern will invest $ 50 billion in the development of such machines.
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