Volkswagen AG

Volkswagen, Audi, Porsche and Scout Motors today announced plans to implement the NACS charging standard for future vehicles in North America starting in 2025 - unlike most other companies that will have access to superchargers as early as 2024.
The transition will be gradual and not all vehicles will be equipped with NACS ports starting in 2025, only brand new models.
$VWAP.BR

$VOW3 is reaching the psychological threshold of €100. 🔴
We are slowly approaching covid price levels.
It is thus at 3 times forward PE, although at that level of debt this indicator can be misleading. EV/EBITDA 3.5. Thursday earnings!

Who's in? 😁
$VWAP.BR, $VWA.BR

Volkswagen $VWAP.BR is in talks with Tesla $TSLA to transition to NACS.

Volkswagen Group and its brands are currently evaluating the implementation of the Tesla North American Charging Standard (NACS) for its North American customers.
Electrify America, Volkswagen's electric vehicle charging network unit, has more than 850 charging stations with approximately 4,000 chargers in...
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Today was the Volkswagen $VWAP.BR conference where the CEO spoke about the future of the group.

In my opinion, nothing revolutionary or surprising was said. Rather, it confirmed the direction Volkswagen will take in the coming years.
I got the impression from the conference that it was primarily aimed at shareholders, not to reveal any news.

Here I will highlight a few key pieces...
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Volkswagen has decided to reintroduce its iconic VW Bus model to the North American market, this time in an all-electric version. This is to get Tesla to put the pedal to the metal with those buses 😄 VW is starting to grow famously in the EV space, both in passenger cars and now their popular buses.

Do you have shares of $VWAP.BR?