Volkswagen CEO Herbert Diess has suggested the German firm could overtake electric-car giant Tesla to become the world’s largest manufacturer of EVs by 2025.
Diess, who has been in charge of the Volkswagen Group since 2018, made the claims following the news that Tesla is struggling to ramp up production because of battery shortages.
“[Tesla CEO] Elon [Musk] must simultaneously ramp up two highly complex factories in Austin [Texas] and Grünheide [Berlin] and expand production in Shanghai. That will cost him strength,” Herbert Diess said in Wolfsburg on Tuesday, reports the Financial Times.
