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Herbert Diess Did Not Expect Tesla To Be So Fast And Well Prepared
Volkswagen Group CEO Herbert Diess has admitted that Tesla is a stronger rival than expected, making it harder for the German automaker to reach its goal of becoming the world's largest seller of E.V.s by 2025. Despite that, Diess said at the F.T Future of the Car 2022 conference that V.W maintains that target.
"It will be a tight race but we won't give up on it. I have to say we didn't expect our main U.S. competitor to be so fast and well-prepared."
The executive added that Volkswagen Group's bigger product offering covering luxury and premium cars as well as volume brands could represent a key advantage over Tesla in the German automaker's quest to become the world's top electric vehicle maker by 2025.
On March 22, Tesla officially opened its first European gigafactory near Berlin, challenging Volkswagen, BMW and Mercedes-Benz on their home turf. At the time, Diess said he expected Tesla's ramp-up to be challenging, but that is something normal for a brand-new plant.
Source: Re-posted and Summarized from Dan Mihalascu at insideevs.
My Take: Volkswagen has the best chance to survice out of the tradititoanl OEMs. Catch Tesla by 2025? Not a chance.
Re Posted From: Herbert Diess Did Not Expect Tesla To Be So Fast And Well Prepared
Volkswagen Group CEO Herbert Diess has admitted that Tesla is a stronger rival than expected, making it harder for the German automaker to reach its goal of becoming the world's largest seller of E.V.s by 2025. Despite that, Diess said at the F.T Future of the Car 2022 conference that V.W maintains that target.
"It will be a tight race but we won't give up on it. I have to say we didn't expect our main U.S. competitor to be so fast and well-prepared."
The executive added that Volkswagen Group's bigger product offering covering luxury and premium cars as well as volume brands could represent a key advantage over Tesla in the German automaker's quest to become the world's top electric vehicle maker by 2025.
On March 22, Tesla officially opened its first European gigafactory near Berlin, challenging Volkswagen, BMW and Mercedes-Benz on their home turf. At the time, Diess said he expected Tesla's ramp-up to be challenging, but that is something normal for a brand-new plant.
Source: Re-posted and Summarized from Dan Mihalascu at insideevs.
My Take: Volkswagen has the best chance to survice out of the tradititoanl OEMs. Catch Tesla by 2025? Not a chance.
Re Posted From: Herbert Diess Did Not Expect Tesla To Be So Fast And Well Prepared