How Volkswagen’s $ 50 billion plan to beat Tesla’s short



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ZWICKAU, Germany – Five years and nearly $ 50 billion in the auto industry’s biggest bet on electric vehicles, Volkswagen CEO Herbert Diess and his guest Chancellor Angela Merkel have come forward as the first ID.3, Germany’s long-awaited response to Tesla, rolled off the assembly line.

The event at the company’s flagship electric vehicle plant just over a year ago marked a “systemic shift from combustion engine to electric vehicle,” said Thomas Ulbrich, manager. of effort ID.3.

The car, however, was not performing as advertised.

He could be driving, turning corners, and stopping in no time. But the fancy tech features VW had promised were either missing or broken. The company’s programmers had yet to figure out how to update the car’s software remotely. Its futuristic head-up display that was supposed to show speed, directions, and other data on the windshield wasn’t working. The first owners began to report hundreds of other software bugs.

After years of development, Volkswagen decided in June of last year to delay the launch and sell the first batch of cars without a full suite of software, pending a future update, which is now scheduled for mid -February. Tens of thousands of ID.3 owners will need to bring their cars in for service in order for the new software to be installed.

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