What will be the consequences of the Russian gas crisis for the automobile?

Herbert Diess, the CEO of the Volkswagen Group, fears that some measures are not being taken quickly enough to replace Russian gas, with the consequence of a possible cut in supplies from Moscow. A halt in Russian gas deliveries which would have significant repercussions for the automotive industry.

That’s why, he warns, Volkswagen will retain the option of running its power plants on coal rather than gas if that were to happen.

Herbert Diess, who spoke in an interview at the Qatar Economic Forum in Doha, also explained that regardless of the progress made in the supply of liquefied natural gas (LNG) by the United States and other countries, building the necessary infrastructure to be independent of deliveries from Russia will take time.

Herbert Diess, CEO of the Volkswagen Group

“Long-term”Herbert Diess told Bloomberg reporter Anna Edwards, “I am sure that we will become independent of Russian gas, but at the moment we are probably not going fast enough.”

The boss of the Volkswagen group makes it a point of honor that things move quickly to get out of this situation of dependence. “The fact is that global automotive production has already slowed down considerably due to the semiconductor crisis and the shortage of raw materials. If this were compounded by further delays due to the difficulty of finding energy, the crisis would get even worse”.

“For the moment, we do not see the demand decreasing”explained the leader, “but in the future, customers may change their attitude. The wait for delivery of an electric car from the group so far is around a year, we cannot afford to go any further”.

In Wolfsburg, the historic stronghold of the German firm, the idea is to quickly overtake Tesla in terms of sales of 100% electric models. The objective is to pass in front of the American firm by 2025. But with the current geopolitical difficulties, the task will not be so simple. At the same time, Tesla is also starting to suffer from supply problems with delays which are also getting longer for certain models.

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