The car giant VW is about to completely restart. This is to be achieved through electromobility. Why the group is investing 180 billion euros and what customers can expect in the future: group CEO Oliver Blume in conversation.
With internal combustion cars, VW became an industrial giant with currently 119 factories and 675,000 employees worldwide. Nevertheless, CEO Oliver Blume must now turn things around so that VW survives in the medium term. Electric cars are “changing the industry more than ever before in its history,” he made it clear this week in a conversation on the occasion of the “Vienna Electric Days.” VW, with its twelve brands in total, must de facto completely reposition itself at full speed.
Source: Krone

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.