VW Says It May Soon Be Overtaking Tesla

Volkswagen AG is in a position to overtake Tesla Inc., both in terms of e-car manufacturing numbers and software development, works council chairman Bernd Osterloh told Welt am Sonntag in an interview.

“If Tesla sets up three factories where 300,000 to 500,000 cars can be produced, then we are talking about a number of units between 900,000 and 1.5 million. We want to achieve the same in 2023, probably even earlier,” Osterloh told the newspaper. VW’s modular electric-drive matrix platform gives the carmaker a “huge” advantage,” as it can build any vehicle of any brand on it, Osterloh said.