Sales of electric Volkswagens will overtake Tesla’s by 2025, CEO says

Tesla is currently the leader in terms of electric car sales, but many pretenders to the throne think they can sit there in the more or less near future. The latest? Volkswagen.

“Our sales of electric cars will soon exceed those of Tesla” is a catchphrase from many manufacturers that we see and hear again almost as often as Elon Musk’s statements about the imminent advent of full autonomy on its models. But, in the meantime, the figures from the Californian manufacturer are still well ahead of the statistics quarter after quarter.

This time, the ranting is to be put on the account of Herbert Diess, the general manager of the Volkswagen group, on the antenna yesterday of the emission “Squawk Box Europe” on CNBC, since the world economic forum which is held these days in Davos, Switzerland. Asked about the reasons for such a valuation of Tesla shares, the Munich resident replied: “The markets are always oriented towards the future and Tesla is currently the figurehead in terms of electric cars. The fact that it’s the most digital car company also gives it some advantages,” he began to explain before continuing: “We’re still trying to keep up, but we’ll probably double them in sales by now. 2025.”

The supply chain crisis will fade

More than two years into the coronavirus pandemic, the auto industry continues to struggle to secure certain parts to produce enough vehicles to meet demand. The shortage of components, particularly those related to battery assembly, should remain a constraint for the growth of electric car sales in the years to come.

However, Herbert Diess says he sees some positive signs on the horizon and even expects a little less tension in the specific semiconductor market from the second half of the year.

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