VW aims to overtake Tesla with huge electric push
15 Mar, 2021 10:30 PM
5 minutes to read
VW is one a number of major automakers set to challenge Tesla in the coming years. Photo / Getty Images
VW is one a number of major automakers set to challenge Tesla in the coming years. Photo / Getty Images
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By: Alan Tovey for the Telegraph
Volkswagen plans to halve the cost of power systems for electric cars over the next decade in a massive investment push that could knock Tesla off its perch.
The German giant will build six factories
capable of producing 240 gigawatt hours of batteries a year in Europe over the next decade.