Friday, July 1, 2022
News Volkswagen wants to become the world’s leading EV manufacturer by 2025

Volkswagen wants to become the world’s leading EV manufacturer by 2025

VW group is set on beating Tesla to its own game in the next four years

  • Analysts agree VW group is already on track to achieve this goal

  • Some 70 new electric products should be introduced by VW group’s various brands

  • Tesla is currently the number one producer of electric vehicles

Volkswagen group’s CEO, Herbert Diess, announced that is goal is for Volkswagen to become the leading manufacturer of electric vehicles by 2025.

This goal seems pretty ambitious considering Volkswagen has only just started to offer many different electric cars to its customers, but experts agree that the group is on its way to achieve it.

In order to surpass Tesla, the various brands forming VW group (Volkswagen, Audi, Porsche, Skoda, Seat, Lamborghini, Bentley and Bugatti) will introduce close to 70 new electric vehicles across the globe by 2030.

Also a part of this plan is a big increase in sales of EVs in North America, where the only electric vehicles offered by the group were the e-Golf and the Audi e-Tron until recently.

Something that could put the brakes on that last part of the project is the fact that President Biden’s plan to promote EV sales in the US didn’t pass as Volkswagen hoped it would, which could slow down the adoption of the electric car in America.

Not to be outdone, Tesla is currently building two factories, one in Texas and the other in Germany, so its global output will probably be far higher in 2025 than it is currently.

Nevertheless, Volkswagen group is confident in its ability to succeed in overtaking Tesla and becoming King of global EV production in the next 4 years.

Source: InsideEVs

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