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Volkswagen CEO says EV outlook is ‘very good,’ expects to reduce delivery times this year

Volkswagen CEO says EV outlook is ‘very good,’ expects to reduce delivery times this year

The CEO of German automotive giant Volkswagen sought to assuage concerns about electric vehicle sales and semiconductor supplies on Thursday, predicting delivery times for EVs will get shorter as the year progresses.

“The outlook is very good, we have [a] very good order intake in Asia,” Herbert Diess told CNBC’s Annette Weisbach on Thursday.

Supply chain constraints — including those related to semiconductors — have proven to be a major…


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IndiGo to start flights between newly-built Deoghar airport, Kolkata from July 12

IndiGo to start flights between newly-built Deoghar airport, Kolkata from July 12

Kyrie Irving is getting a dose of reality and probably still doesn’t understand