Volkswagen could overtake Tesla in 2025

Volkswagen could overtake Tesla in 2025


Volkswagen could overtake Tesla in 2025

Volkswagen could beat Tesla as the world’s largest EV manufacturer by 2025. “Elon Musk must simultaneously increase production in Austin, Grünheide and Shanghai. That will be difficult for him,” VW CEO Herbert Diess lamented during a staff meeting in Wolfsburg. , Financial Times reported.

“Our biggest competitor remains Tesla, but he is weakening. We must take this opportunity and keep pace, by 2025 we can be at the forefront,” said Diess, who said a month ago that it would be a neck and neck race. The Volkswagen Group expects to sell 700,000 electric cars this year, but that will be half of the 1.5 million target of Tesla. Just last week, Volkswagen increased production at its largest EV factory in Zwickau to a full three-phase operation.

Serious problems

Musk has recently warned repeatedly that his company is also facing serious distribution problems, which severely hamper production. He previously called plants in Austin and Grünheide “big furnaces of money.” However, he does not believe that Tesla will be forced to relinquish his top position: “We are not looking very competitive. Demand for our vehicles is huge and waiting lists are long. We are increasing production as much as humanly possible. ” Tesla is expected to announce actual production figures for the second quarter next week.

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