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Automakers

VW's Diess expects bigger profits from electric cars soon

VW Diess agm May 12 2022
Herbert Diess, pictured at VW Group's annual meeting, intends for the automaker to overtake Tesla and become the world's No. 1 electric-car maker by 2025.
R
By:
Reuters
May 12, 2022 01:57 PM

BERLIN – Volkswagen Group expects its electric-vehicle business to be as profitable as its combustion engine cars sooner than planned, CEO Herbert Diess said.

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