Hyperdrive

VW Gives the Auto Industry’s Old Guard Hope

The German automaker is suddenly the world’s hottest auto stock.

Herbert DiessPhotographer: Krisztian Bocsi/Bloomberg
Lock
This article is for subscribers only.

Stay on top of the electric car revolution by signing up to our Hyperdrive newsletter here.

Traditional carmakers were being dismissed as relics of the past, stubbornly clinging to combustion engines as Tesla Inc. zoomed past them in terms of technological prowess and stock market valuation. Volkswagen AG’s Herbert Diess is changing that conversation.