Tesla is the world’s leading electric vehicle manufacturer today. But many observers believe Elon Musk’s leadership will not last forever. Now Tesla has more and more serious competitors, because auto giants, one after another, are heading for the electrification of their lineup.
The most dangerous competitor to Tesla, which can take the first place in the market from the American manufacturer, is called the German auto company Volkswagen Group. It is Volkswagen that is more suitable for the title of the next leader among the manufacturers of electric vehicles. And the CEO of the VW Group, Herbert Diess, has repeatedly made it clear that he plans to seize a stake from Tesla and overtake a competitor in terms of sales of electric vehicles. Moreover, he believes that until this moment you will not have to wait 10 or 20 years – the head of the German auto company plans to come close to Tesla or completely overtake it by 2025.
LMC Automotive analysts said Volkswagen is well on track to meet its target. However, Tesla itself, which is actively increasing production, may become an obstacle for the German automaker. Tesla is currently building two new factories – one in Texas and one in Germany. But Volkswagen is not lagging behind either. The company plans to have around 70 battery-powered vehicles in its range by 2030.
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