Herbert Diess Doesn't Want Volkswagen To Be The Next Nokia

To achieve that, it will have to master software development.

Herbert Diess admits that knowing how to build cars is just a small part of the business nowadays. All the experience Volkswagen has acquired on that skill along decades is not enough when you have to build electric cars, and these EVs have to integrate with the internet. That’s what the smartphone did for mobile phones. Diess definitely does not want his company to be a new Nokia, as he told Bloomberg.

The interview with Volkswagen Group’s CEO happened one week before its Supervisory Board meets to discuss expenses. According to Diess, the automaker knows it has to discuss the COVID-19 pandemic in the short term and climate change in the long term.