Can VW's and Tesla's costly EV goals survive coronavirus reality?

VW eventually wants to produce as many as 330,000 EVs annually at its Zwickau plant in Germany, in a bid to topple Tesla. Production of the ID3 is shown. (MATTHIAS RIETSCHEL/REUTERS)

By:

Christoph Rauwald and Bruce Einhorn

By:

Bloomberg

May 27, 2020 09:56 AM

FRANKFURT -- At a factory in eastern Germany, Volkswagen Group's ambitious strategy to become the global leader in electric vehicles is coming up against the reality of manufacturing during a pandemic.

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