At Volkswagen’s ceremony celebrating the start of ID.3 production, CEO Herbert Diess made several comments on the electrification of the industry. In particular, he stated that batteries, as opposed to hydrogen, are a quicker and cheaper way to reduce automotive industry emissions. He also called for a price on carbon and committed to reducing his company’s fleet carbon emissions by 30% by 2025, and to zero carbon by 2050.
German Chancellor Angela Merkel also spoke at the event. She called for the German government to increase electric car incentives and set a target for the country to install a million public charging stations by 2030 to fuel 7-10 million German EVs by the same year.