Automakers

VW CEO Diess warns slow shift to EVs could cost 30,000 jobs, report says

Golf production Wolfsburg
Production of the VW Golf is shown in Wolfsburg. (Kai-Uwe Knoth)
R
By:
Reuters
October 13, 2021 09:18 AM

BERLIN -- Volkswagen Group CEO Herbert Diess told a supervisory board meeting in September that the company could lose 30,000 jobs if it transitioned too slowly to full-electric vehicles, two sources with knowledge of the matter told Reuters.

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