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Volkswagen electric car sales to surpass Tesla

Publish Date: 2022.05.25

  According to foreign media reports, on May 24, Volkswagen Group CEO Herbert Diess (Herbert Diess) said in an interview that by 2025, the Volkswagen Group will surpass Tesla to become the world's largest seller of electric vehicles . Diess believes easing supply chain issues could help create some growth momentum for VW in the coming months.


  "Tesla currently leads the EV space and is probably already the most digital car company, Tesla has some advantages," Diess continued, "In terms of sales, our goal is still to catch up, we Probably catch up in 2025."


  Diess said that Tesla has demonstrated good performance and high returns with a solid business model. However, he reiterated his view that VW may soon close the gap with Tesla in electric vehicle sales.


  “I think the current ramp up is probably going to be more challenging for Tesla. Tesla is opening new factories and we’re trying to keep up with them. We think we’re going to create some growth in the second half of the year. power."


  Image source: Volkswagen


  More than two years into the COVID-19 pandemic, the auto industry is still grappling with the challenge of obtaining critical components and producing enough cars to meet market demand. Shortages in the supply of key components, especially in battery production, are expected to be a persistent constraint on EV sales growth over the next few years.


  Still, Diess said, "We are seeing some positive signs." He expects the semiconductor supply market to ease from the middle of this year. "If it doesn't get worse, we'll see semiconductor supply ease in the middle of the year and better in the second half. But I don't think it will get worse."


  Asked if that meant he expected the semiconductor crisis could end in the second half of the year, Diess replied: "I wouldn't say the semiconductor crisis might end, but we're seeing a lot of improvement. I think the supply chain It is gradually returning to normal.”


  On the morning of May 24, Volkswagen Group shares fell about 0.9%, roughly in line with the decline in the auto sector in the pan-European Stoxx 600 index.


  This article is reproduced from Gasgoo

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