Volkswagen Expects To Be The World Leader In Electric Cars by 2025
Volkswagen has recently thrown its hat into the ring when it comes to electric car production. A great sign to say the least, since this means that the race for the industry is heating up with Volkswagen looking to take on Tesla. The obvious beneficiaries here will be the consumers, as well as the environment – so, basically, everyone.
Herbert Diess, the brand chief at Volkswagen, shared the company’s plans at a press conference: “Anything Tesla can do, we can surpass,” he remarked.
“[Tesla] is a competitor we take seriously. Tesla comes from a high-priced segment, however they are moving [to less expensive cars],” Diess continued. “It’s our ambition, with our new architecture, to stop them there, to rein them in.”
And to show us that they’re not bluffing or anything, Volkswagen has already unveiled three concept vehicles: a minivan, a crossover, and a smaller hatchback. The company aims for a production rate of one million vehicles by 2025. The German company clearly has the capacity to mass produce electric cars on such a big scale. And when it comes to Tesla, its biggest impediment was its price. This made Tesla cars out of reach to many would-be buyers. Volkswagen will most likely outcompete Tesla in this department, but how much of an impact will it have, we will have to wait and see.
And when it comes to Tesla, its biggest impediment was its price. This made Tesla cars out of reach to many would-be buyers. Volkswagen will most likely outcompete Tesla in this department, but how much of an impact will it have, we will have to wait and see.
With this being said, don’t let yourself into being fooled and believe that Tesla will not do anything in the matter. The company is also ramping up production and is set to achieve 500,000 cars per year, seven years earlier than Volkswagen. The biggest problem for Tesla will be, as we’ve said before, the price and their ability to actually sell those cars. The market is willing to buy Tesla vehicles, but the high price currently stands in the way. Volkswagen has an edge here, given that they could maintain lower prices for a prolonged period of time.
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