schmoell:
Indeed a big big bet. I attended an Analyst briefing last week and learned that Mr Diess (VW CEO) said, that chances are 50:50 that Volkswagen will still be a major player in 10 years. So at least, he seems to be aware of the risk ...
Huge risk... One breakthrough in battery technology by a specific car manufacturer and this could throw other manufacturers years behind... Also, the customers are a problem as well. If nobody buys these cars...
This is why I think that sooner or later, politicians will start to rally against petrol/Diesel cars, there will be incentives to switch and there will be a speed limit in Germany as well sooner or later. Right now, the population isn't really ready for EVs but they (politics, environmental organizations, etc.) are already prepping the field for them...
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RC (Germany) - Rennteam Editor Audi R8 V10 Plus (2016), Mercedes E63 S AMG Edition 1 (2018), Mercedes C63 S AMG Cab (2019), Range Rover Evoque Si4 Black Edition (2019)