Volkswagen Could Upstage Tesla as Top EV Seller, Report Says

June 22, 2022 14:32:59

Tesla’s position as the top producer of electric vehicles in the world could soon be threatened by Volkswagen Group in the near future as the German automaker ramps up the production of several EV models under its subsidiaries. Volkswagen has considered Tesla Inc. (NASDAQ: TSLA) a rival for years, announcing its intention to surpass Tesla in sales and become a major electric vehicle manufacturer on a global scale.

A new report from Bloomberg Intelligence has revealed that Volkswagen’s plans could come to fruition in 2024, just less than…

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