The transition to electric cars can't be forced to go any faster, Volkswagen Group CEO Herbert Diess has cautioned.
Speaking at the Financial Times’s Future of the Car summit, Diess set out ambitions for 7-8% of the Volkswagen Group’s sales to be electric this year, rising to 25% by 2025 and 50-60% by 2030, highlighting that the issue with growing faster isn't down to customer demand but creating infrastructure to support their manufacture and operation.
“Everything will be there for growth, but it takes huge investment and time to achieve,” said Diess. “We need the correct plants to be modified or built, the battery production capacity to be available and to build a secure, sustainable supply chain.
"The customer needs the correct infrastructure to be put in place to live with the cars.