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David70 · 01-13-2021, 03:03 PM

VW/Audi is catching up to Tesla and there will soon be a lot more options -

Volkswagen (VLKAF) sold 231,600 battery electric vehicles in 2020, according to figures published by the company on Wednesday. While that's still less than half the number of sales Tesla (TSLA) made, it represents an increase of 214% on the previous year and shows Germany's huge auto industry is beginning to mount a challenge to the leader in electric cars.

Volkswagen has said it plans to invest €35 billion ($43 billion) in electric vehicles by 2025, and the sales figures for 2020 suggest that customers are beginning to respond. The manufacturing giant intends to launch roughly 70 pure electric models by 2030 as it races to catch up with Tesla.

https://www.cnn.com/2021/01/13/busin...ars/index.html

01-13-2021, 03:03 PM	#222
David70 Colonel 1567 Rep 2,665 Posts Drives: 06 Z4M Coupe - 13 Cadillac ATS Join Date: Apr 2012 Location: Cincinnati, OH iTrader: (1)	VW/Audi is catching up to Tesla and there will soon be a lot more options - Volkswagen (VLKAF) sold 231,600 battery electric vehicles in 2020, according to figures published by the company on Wednesday. While that's still less than half the number of sales Tesla (TSLA) made, it represents an increase of 214% on the previous year and shows Germany's huge auto industry is beginning to mount a challenge to the leader in electric cars. Volkswagen has said it plans to invest €35 billion ($43 billion) in electric vehicles by 2025, and the sales figures for 2020 suggest that customers are beginning to respond. The manufacturing giant intends to launch roughly 70 pure electric models by 2030 as it races to catch up with Tesla. https://www.cnn.com/2021/01/13/busin...ars/index.html __________________ 2006 Z4M Coupe - Stromung exhaust, ZHP knob, stubby antenna, clutch delay delete
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