Former Volkswagen CEO Wundern agreed to pay 10 million euros to the company over the emissions scandal
According to people familiar with the matter, former Volkswagen CEO Martin Winterkorn (Martin Winterkorn) has agreed to pay the company about 10 million euros in compensation over the diesel emissions scandal. In March of this year, Volkswagen said it would file a claim against Wundern over this scandal in an attempt to put an end to its biggest crisis in history. According to a draft contract, Volkswagen and Wundern, as well as some other former executives, may sign an agreement this week. According to two people familiar with the matter, the Volkswagen Supervisory Board plans to discuss the agreement over the weekend and submit it to shareholders for review and approval at the annual shareholders' meeting to be held in July.
Jeffrey: Electric cars “implied” significant carbon emissions
Broker Jefferies (Jefferies) believes that electric vehicle production is currently facing a “hidden carbon emissions” challenge. Simon Powell (Simon Powell), head of global research at Jefferies, said, “In order to reap the environmental dividends expected by the government, users will have to use them longer and drive farther than traditional internal combustion locomotives.” He explained that only by doing this can we offset the materials such as steel, aluminum, and glass used to produce electric vehicles, as well as the “large” carbon emissions generated in the process of assembling electric vehicles. The problems faced by electric vehicles are more complicated, he said, because
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