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    QONEQT in Volkswagen Group

    01-Sep-2022 11:27 AM


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    Volkswagen's transition to EVs requires stability, new CEO says

    BERLIN (Reuters) - Volkswagen (ETR:VOWG_p) will accelerate its transition towards electric vehicles where possible and must find a stable rhythm for its transformation, new Chief Executive Oliver Blume said at an internal conference on Thursday, the first day of his tenure.

    At a gathering of global top managers in Lisbon, Blume said he had developed a ten-point plan focusing on topics including financial robustness, sustainability, the capital market, and development in China and North America.

    "I am a fan of e-mobility and I stand by this path ... we will keep the current pace and, where possible, increase it," Blume said, according to a copy of his speech.

    Volkswagen must find the right rhythm for a stable transformation by defining and following through on a clear strategy, the chief executive added.
    Source: Investing.com
    #Volkswagen