{"id":39095,"date":"2017-08-05T10:32:37","date_gmt":"2017-08-05T10:32:37","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=39095"},"modified":"2017-08-05T10:32:37","modified_gmt":"2017-08-05T10:32:37","slug":"volkswagen-brand-ceo-says-tesla-has-abilities-volkswagen-lacks","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/technology\/volkswagen-brand-ceo-says-tesla-has-abilities-volkswagen-lacks.html","title":{"rendered":"Volkswagen brand CEO says Tesla has abilities Volkswagen lacks"},"content":{"rendered":"

Volkswagen brand CEO says Tesla has abilities Volkswagen lacks<\/span><\/strong><\/span><\/h2>\n

Volkswagen (VOWG_p.DE) the world’s largest carmaker by sales, is looking to loss-making startup Tesla (TSLA.O) for inspiration on how to improve its core business, the VW brand’s chief executive Herbert Diess said in an interview published on VW’s website.<\/span><\/p>\n

Asked who VW\u2019s main competitors are, Diess told an internal company publication: \u201cIn the old world it is Toyota, Hyundai, and the French carmakers. In the new world it is Tesla.”<\/span><\/p>\n

Tesla, headed by Elon Musk, has shaken up the auto industry with its ambition to build a mass market for electric cars, posing a competitive threat to established carmakers, which remain reliant on producing cars with combustion engines.<\/span><\/p>\n

Diess said the Volkswagen brand, which sold 5,987,800 cars last year, is seeking to catch up with and overtake smaller California-based Tesla, which sold 83,922 cars last year.<\/span><\/p>\n

“Tesla belongs among the competitors which has abilities that we currently do not have,” Diess said in the interview with “Inside”, a publication for VW employees.<\/span><\/p>\n

Around half of Tesla’s engineers are software experts, while at VW’s core brand it is a much lower proportion, Diess said. Tesla has good electric motors, a fast charging network, autonomous driving technology, internet connectivity, and a new approach toward vehicle distribution.<\/span><\/p>\n

“This shows that we need to significantly improve. We can do this. We measure ourselves against Tesla quite deliberately. Our goal: Using our abilities not just to catch up, but even to overtake,\u201d Diess, who drives an electric VW Golf, said.<\/span><\/p>\n

source:-http:\/\/www.reuters.com\/article\/us-volkswagen-tesla-diess-idUSKBN1AK261<\/span><\/p>\n

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