VW hires ex-Conti boss Neumann to lead EV group

Douglas A. Bolduc, Automotive News

Former Continental AG ceo Karl-Thomas Neumann will return to Volkswagen AG in the newly created role of group chief officer in charge of electric vehicles.

He will report to VW ceo Martin Winterkorn. Neumann, 48, starts his new job 1 December.

He left Continental in August following a power struggle with controlling shareholder Schaeffler Group.

Neumann joined Continental from VW in 2004 and was named ceo of the Hanover-based supplier in August 2008. Before he took the top job Neumann was the supplier's chief technology officer where he played a key role in the opening of Continental's lithium-ion battery production plant in Nuremberg, Germany.

From 1999-2004, Neumann worked for VW where he headed electronics research and electronics strategy, later assuming responsibility for electronics at the VW passenger car brand. Neumann has a doctorate in electrical engineering, which he studied at the universities of Dortmund and Duisburg.

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VW hires ex-Conti boss Neumann to lead EV group from Automotive News