Tesla has become one of the most important automobile manufacturers of today with the bold steps it took in the 2000s. The market value of the company, which produces fully electric cars, has reached a large threshold. The market cap of $1 trillion, a stereotypical milestone for tech giants, is now a threshold Tesla has left behind.
In this period when the electric car market is on the rise, Volkswagen, which stands out with its internal combustion cars, also wants to take a more place in this market.
Volkswagen CEO for electric cars: “Prepare for revolution”
Volkswagen CEO Herbert Diess told the employees of the German automaker; He said electric car pioneer Tesla and Chinese manufacturers should prepare for the “revolution” needed to tackle it. On the other hand, in a speech Diess gave at one of the automaker’s large factories in Wolfsburg; “In the new automotive world, we face competition for Volkswagen that it has never seen before. ” said.
German group whose 12 brands include Audi, Porsche and Skoda; It spends 35 billion euros ($40 billion) on the transition to electric vehicles. In addition, the company aims to become the world’s largest electric car manufacturer by 2025.
Volkswagen, for its flagship brand bearing its own name in 2033; It plans to stop production of internal combustion engine cars in Europe. On the other hand, this means that their facilities will have to be re-equipped soon.
Diess stated that Tesla plans to produce a vehicle within 10 hours at its factory in Germany; He said Volkswagen’s main electric car factory in Zwickau required more than 30 hours.
The Trinity project that the group planned for Wolfsburg in the name of the revolution; It requires a major restructuring of the central plant, which will be produced from 2026 and has not yet begun to produce an electric model. The head of the Business Council, Cavallo, said that the electric vehicle Trinity model, which is planned to be produced in the Wolfsburg factory; He stated that it should be released before 2026.
Diess called on employees to prepare Volkswagen for the future; “I want your children and grandchildren to have a secure job in Wolfsburg in 2030. ” said.
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