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VW CEO Sees Biden Being More in Sync With Electric Car Strategy

Volkswagen CEO Herbert DiessPhotographer: Mark Kauzlarich/Bloomberg
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Volkswagen AG’s boss waded carefully into the fraught matter of U.S. presidential politics, saying the automaker may be more compatible with a Joe Biden administration while talking up the company’s dealings with Donald Trump.

“A Democratic program probably would be more aligned with our worldwide strategy, which is really to fight climate change, to become electric,” Herbert Diess, the chief executive officer of the world’s largest carmaker, said during a Bloomberg News virtual event.