Today’s Solutions: May 06, 2024

Analysts believe Volkswagen’s diesel emissions scandal will speed up the transition to electric cars. Volkswagen is betting on that too. That’s why the German automaker is making a quick U-turn from diesel and going full throttle to further develop its own hybrid and electric cars to save its tarnished image. The company will start by creating a standardized electric architecture to be used in all VW Group vehicles that will able to travel 250 to 500 kilometers (156 to 312 miles) on a single charge and is planning to remake the Phaeton into an all-electric luxury sedan. As for its diesel cars, Volkswagen will start the expensive process of equipping all of them in Europe and North America with the latest technology to eliminate 70 to 90% of emissions. Looks like sometimes a big, big mistake can lead to a very clever path forward.

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