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Apologies, you are correct - he was prosecuted for failing to warn shareholders about the financial impact of the emissions scandal, not for taking part in the
by ppf 5y ago
Apologies, you are correct - he was prosecuted for failing to warn shareholders about the financial impact of the emissions scandal, not for taking part in the scandal itself.
As for coal - Germany accounts for 45% of all coal consumed in the EU, so Mr. Diess can look much closer to home. Secondly - it's meaningless anyway, until the very energy-intensive materials that comprise an EV are not made in Asian countries that burn an astronomical amount of coal to power their industries.
- rad_gruchalski 5y ago> As for coal - Germany accounts for 45% of all coal consumed in the EU, so Mr. Diess can look much closer to home. He is addressing the G7, not pointing fingers at individual countries. He also appears to be getting his facts wrong in that emotional statement. Germany is planning to be coal free by 2038, US and Japan blocked the 2030 deal and plan 2035 to be the date. The man is stirring emotions before elections in Germany. Green party taking over means boost of sales in the EV segment in the next couple of years. He is executing the CEO tasks perfectly, regardless the overall cost.