Volkswagen is preparing to seriously ramp up the production of electric cars in the coming years. In the future, the German concern plans to overtake Tesla and become the world’s number one producer of electric cars. This was announced by the head of sales Volkswagen Group Hildegard Wortmann to Reuters.
This year, Volkswagen Group brands will have to produce a total of 800,000 electric cars, and the plan for 2023 will be 1.3 million. In 2030, electric cars should already account for half of all vehicles produced by the Volkswagen Group. The strategy is constantly being updated – a few years ago, Volkswagen executives thought they would only be able to produce a million electric cars in 2025. Even the shortage of microchips is not capable of slowing the rate of growth in electric car production.
By comparison, Tesla produced 930,422 cars in 2021, and Elon Musk plans to build about 1.5 million electric cars this year. Moreover, the production of the Tesla Cybertruck pickup is scheduled to start in 2023, which will allow the company to pull ahead even more.
Earlier, Volkswagen Group CEO Herbert Diess said that the concern will try to overtake Tesla by 2025, but it will be a very difficult task. And he admitted that he did not expect his competitors to increase production so quickly. However, it is possible to take the lead because Volkswagen, Audi, Porsche, Skoda, and Seat will have a much wider and more diverse electric lineup than Tesla. In particular, it will offer low-cost models, which Tesla does not yet have.
In addition, Volkswagen has great plans for the North American market – it may even become the key market for the concern in the future. In the near future, 25 electric models will go on sale there, and $7.1 billion will be invested in the development of production at facilities in the U.S. and Mexico.