The Volkswagen Group wants to snatch Tesla’s crown as the world’s largest electric vehicle manufacturer by 2025.
The German conglomerate intends on launching approximately 70 battery electric vehicles globally by 2030 and is finalizing an aggressive U.S. strategy that will be boosted by the Biden administration’s EV goals. Analysts at LMC Automotive say the VW Group is indeed on track to surpass Tesla in EV sales by 2025, Auto News notes.
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In the U.S., VW currently sells the all-electric ID.4 and will soon follow it up with the ID.BUZZ and ID Aero sedan. The Volkswagen Group also has the advantage of owning a host of different car manufacturers and will eventually have a much larger range of electric vehicles in its range than Tesla. As it stands, the only EVs being produced by Tesla are the Model 3, Model Y, Model S, and Model X, although they will be joined in the future by the Cybertruck, Roadster, and an entry-level model starting at around $25,000.
Earlier this year, VW chief executive Herbert Diess joined Twitter and hinted at the brand’s EV ambitions in a tweet directed to Elon Musk.
“Hello, @Twitter!” he wrote. “I’m here to make an impact with @VWGroup, especially on political issues. And, of course, to get some of your market shares, @elonmusk – after all, our ID.3 and e-tron have won the first markets in Europe. Looking forward to productive discussions.”