Volkswagen CEO Herbert Diess on electric cars, the war in Ukraine, and recapturing the American car market

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 68%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Volkswagen is neck and neck with Toyota as the world's largest carmaker. Still, it can feel more like an obstacle course rather than a victory tour for Herbert Diess, who's been running Volkswagen for the last four years.

We met Diess last month in Austin, Texas. He wanted to show us the new all-electric Porsche. We discovered that Diess likes to surprise you. Even jolt you. As when he took me from zero to 60 in a couple seconds.

Lesley Stahl: Volkswagen does brilliantly in China, in Europe, in Latin America. I mean, why put the effort here? Herbert Diess: Yes. Exactly. Seventy years in between. Yeah. A lot of advancements in technology, mostly in safety. Herbert Diess: We have to decarbonize the world, because climate change is happening. And to decarbonize the automotive sector, the only way-- feasible way forward is electrification.Lesley Stahl: Even the design. And they say old dogs don't learn new tricks --Herbert Diess: Yeah. It is a big challenge. And historically there haven't been too many cases where the successful companies in the old world could demonstrate that they are still successful in the new world.Herbert Diess: Yeah.

Ryan: So you just plug it in here, get it in, click. And then your vehicle's charging. And then just push that nozzle and pull it back.Ryan: There you go!Charging problems may be the least of the challenges facing Herbert Diess. The business model of global companies like Volkswagen is coming undone as the pandemic has strained long supply lines, leading to shortages in key components like semiconductors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

60Minutes

Maybe CBS should get more information on Toyota , VW and Subaru are working together on a next generation EV battery … The 3 will be sharing the new fast charge battery they are building … just another reason media is reporting is wrong , Just like selective reporting on Hunter

Sandra_Sully Like Emmissionsgate boing

SherylSandberg, Schrep, & BozTank, Please create Non-Binding Irrefutable Consensuses, where Entities query very many Citizens of very many Constituencies on very many things, at a Penny-Per, via The Operator, Displaying the Results on Convergence: A Map of the World.

It is expected that there will be Near-Immediate Mass-Migration Outflows due to the Mass-Return of the World's Overseas Diasporas Post-HyperCapSoc and so All Corporations are to proceed accordingly when assessing ERR with regards to their Foreign Worker Pools.

It is very important that companies distinguish 'Permanent Layoffs' from Resignations after HyperCapSoc. Please use NICs to Forecast Post-HCS Employee Retention Rates and begin F-R Feasibility and Implementation Studies.

Forward Guidance for All Companies After Consensus and HyperCapSoc: Merge with All Your Rivals in Your Industry and Utilize the Collective Resources, in Remaining Human Labor and Capital, to Implement End-to-End Humanless Solutions Wherever it is Feasible.

Upon Following the Forward Guidance it is expected that what will emerge is an 'All-American', 'All-Japanese' and 'All-German'. These entities are most likely to become larger themselves but makeup The Initial Big 3 Post Global Non-Binding Irrefutable Consensuses and HyperCapSoc.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 87. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines