Volkswagen began a broad campaign of electrification with an original plan to spend €20 billion ($23 billion) for the purpose, but it's not going to happen.
Tag: Herbert Diess
Volkswagen is serious about potential plans for a pure-electric rear-wheel drive Beetle. It may be one of 15 VW Group vehicles built on the MEB platform.
Volkswagen's getting a late start to the EV game but it will skip plug-in hybrids completely in North America and possibly other markets.
Not even a month after Volkswagen CEO Herbert Diess said VW has abilities that Tesla does not, he shared that Tesla is the one with the abilities beyond VW.
Though Volkswagen Group will come late to market with its electrification push, CEO Herbert Diess plans to rein Tesla in, and become a market leader.