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Search Results Found For: "diess"

Will Herbert Diess’s departure damage Volkswagen’s EV strategy?

Volkswagen Group Chief Executive Herbert Diess will leave the company, to be replaced by Porsche Chief Executive and former VW head Oliver Blume, at the start of September. Diess’s departure follows a vote by VW’s supervisory board, which includes representatives of employee organizations and the state of Lower Saxony, the company’s second-largest shareholder. The 20-seat… Read more »

A lesson in innovation: VW’s Herbert Diess invites Tesla’s Elon Musk to an internal conference

A few weeks ago, Volkswagen Group CEO Herbert Diess called 120 top-level executives to company HQ for a crisis meeting, at which he announced a series of measures to help his company catch up with Tesla. More recently, Diess went a step further, inviting Tesla CEO Elon Musk to address 200 Volkswagen executives via a… Read more »

“A sad state of affairs”: VW Group CEO Herbert Diess calls out shortcomings of IONITY charging network

Taking a road trip in an EV is no longer a novelty, but it’s still an instructive (and hopefully, fun) thing to do, and the EV road trip story remains an online literary staple. It’s especially interesting when an exec at an automaker takes a trip in one of their company’s new EV models—and even… Read more »

VW board backs CEO Diess’s ambitious electrification plans

Within the executive suites at every legacy automaker, there are pro-EV and anti-EV factions, which continually strive for mastery, like Zoroastrianism’s Asha and Druj. Now Volkswagen Group Chairman Herbert Diess, a staunch EV advocate, has apparently won a major boardroom battle, clearing the way for him to proceed with his progressive plans for the German… Read more »

New VW boss seems lukewarm on EVs, wants to bet on synthetic fuels

Former Volkswagen Group CEO Herbert Diess was a hero to pro-EV activists. He was less popular with certain factions within the company, including the powerful Works Council (to say nothing of the stock market), and in 2022, he was forced out, to be replaced by Oliver Blume. At the time, we wondered whether Diess’s departure… Read more »

Volkswagen works with Canadian government to develop North American battery supply chain

The Volkswagen Group and the Government of Canada have signed a Memorandum of Understanding (MoU) under which they will investigate opportunities for Canada to contribute to VW’s global and regional battery supply chains. PowerCo, VW’s newly founded battery company, will establish a new liaison office in Canada, and will have a central role in the… Read more »

Ford cuts 3,000 jobs, citing shift to EVs

Many have predicted that the shift to EVs will lead to job losses in the automotive industries, as EVs are simpler to assemble than legacy vehicles. The latest news from Ford appears to bear out this inconvenient truth—the automaker has announced that it will cut a total of 3,000 salaried and contract jobs, mostly in… Read more »

What does the bZ4X recall and buyback mean for Toyota’s EV efforts?

What on Earth is going on at Toyota? It was bizarre enough that the company that introduced the ground-breaking Prius (and has since sold over 15 million hybrids) had in recent years pursued a flat-earth strategy, bad-mouthing EVs at every opportunity and lobbying hard against government climate measures. Then came the news that the world’s… Read more »

VW to replace MEB and PPE electric platforms with new Scalable Systems Platform

Volkswagen plans to introduce a new EV, the ID.4 sedan, which is expected to go into production in 2026, and will be built on a new platform. VW’s new Scalable Systems Platform (SSP) is a skateboard-style architecture that Volkswagen Group Chairman Herbert Diess says will replace the existing Modularen Elektrik Baukasten (MEB) structure as well… Read more »

Volkswagen Group launches Scout brand to build electric pickup and SUV for US market

The Volkswagen Group plans to launch an electric pickup and “rugged SUV” in the US market. What’s more, the company will establish a separate, independent company to produce the new EVs. “The vehicles will be designed, engineered, and manufactured in the US for American customers,” says VW. Volkswagen will resurrect the Scout nameplate, which was… Read more »