Harald Krueger

Big Auto Keeps Complaining About How Hard Going Electric Is For Them

Legacy automakers have been hyping a future where they’ll finally electrify their fleet. Now, however, it appears they’re a bit reticent to do so. Volkswagen’s CEO, Herbert Diess, recently said, “The burden for our company, such as the cost of bringing to market electric cars, will be higher than expected. … This is particularly so since some of our competitors have been making more progress.”