Bloomberg Interactive Brokers, Bloomberg, United States discussed on Bloomberg Best
All day, long, tap, tap, tap, tap, bloop, bloop. She can't put it down there. It is. Oh and get this. She even talks to it last week. She has to for Chinese and guess what eggrolls showed up like magic. Humans have cool toys. A person is the best thing to happen to a shelter pet. Be that person. Adopt. Brought to you by the Ad Council and the shelterpetproject dot org. From the Bloomberg interactive brokers studio, this is Bloomberg best. European automakers faced two major unknowns of Brexit that could reshape their operations in sales in the UK and the possible levying of import tariffs by the US and Ed Bloomberg's Matt Miller spoke with Herbert d CEO of Volkswagen at the Geneva motor show. They discuss licensing the platform technology of electric vehicles. The possibility of an IPO for some of the brands tariffs imposed by the US, and how his company will be impacted by Brexit. We're standing first off in front of this. So I can't avoid a question about it. And really, I think it's interesting because this represents not just a concept for folks. But also really a new business model, you're going to license the platform technology. Tell me how that will work. Yeah. We we are really fast in getting up to wall. You're. We'd be already fifty million cars booked, and you know, this new technology, the drive trades will be white similar. No. It's not as today, and you just mentioned deviate engine engines differentiation between the drive trains in the electric age will be much more limited. Bank one for on you had to pick size a chocolate bar battery in between two Motors, and then we electric converter. So it does make sense to share this technology to make it just cheaper more affordable and to do better cost to the warriors emotional caused. We are. Now, we are really making good progress. Fifty million 'cause already that we have considered. And I think makes sense to offer this platform also dead parties have our margin there and make electricity really comes through. And and give you the brakes. Well, it's also a new revenue stream and car makers are experimenting with a number of different ways to bring in more money. You're gonna need it because you're investing fifty billion.