Diess regularly cites Nokia’s failure to keep up with the iPhone as a cautionary tale and has said self-driving functions will bring about an even more fundamental transformation of the industry than batteries. — Reuters
Volkswagen AG is planning major investments in China to employ “several thousand” software engineers and catch up with local rivals when it comes to equipping cars with the latest digital technology, chief executive officer Herbert Diess said.
“It’s probably not enough just to hire people from other companies,” Diess said in video posted this week on LinkedIn. “We are considering also big moves in China.”
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