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Herbert Diess, CEO of Volkswagen, says that it is still early to focus only on electric cars

Herbert Diess, CEO of the Volkswagen Group, has recently stated that there is stillIt’s too early to turn completely towards the electric carspeaking in business and product terms.

The statements made by the head of the German consortium took place during the last “Future of The Car” summit, held by the Financial Times, with electric cars and the transition of the industry towards them as the main axes. In his intervention, Diess has left several clues about his vision regarding the situation of the sector, among them that Tesla is being more decisive and capable than expected by the German company in the first instance.

Diess also explained that although electric cars are the path that, in his opinion, all companies should take, it is still early to do so completely. The problem, according to the businessman, is not related to customer demand, which as the sales figures show is increasing, but to the infrastructure that surrounds the electric car, both at the user level and in the production of the themselves.

From left to right: Wayne Griffiths, CEO of SEAT;  Herbert Diess, CEO of Volkswagen AG;  Ximo Puig, president of the Generalitat Valenciana;  Thomas Schmall, Technology Director of Volkswagen AG.
From left to right: Wayne Griffiths, CEO of SEAT; Herbert Diess, CEO of Volkswagen AG; Ximo Puig, president of the Generalitat Valenciana; Thomas Schmall, Technology Director of Volkswagen AG.

“Everything will be there for them to grow up, but it takes a lot of investment and time to achieve. We need the right plants to be modified or built, battery production capacity to be available, and a safe and sustainable supply chain to be built. The customer needs the right infrastructure to be put in place to coexist with cars.”

Even so, the German has no doubt that the Volkswagen Group will become the world leader in terms of electric car sales by 2025, and that it will end up completely separating itself from the rest of the manufacturers when its offer of affordable electric cars goes on the market. U. However, he foresees a close race with Tesla, who does not have as many ties as the German consortium.

And it is that the Volkswagen Group (as well as the rest of the manufacturers) has to sustain the business structure that internal combustion cars still maintainwhile increasing investments and making the transition to electric cars in a successful manner, also with the commercial challenge of having two different ranges of cars whose typical customer will begin to hesitate more and more between one technology and another.

Elon Musk and Herbert Diess during the conference.
Herbert Diess during an internal Volkswagen conference with Elon Mus as guest.

Tesla, for its part, does not have behind it any technology in its infancy that sustains most of its economic activity.so it can be allowed not only to allocate all the time to new models, but also to act more solvent and with fewer handicaps in the face of any unforeseen events, such as COVID or the effects of the Russian-Ukrainian conflict.

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