Based on a complete report revealed this morning by analysis agency Bloomberg Intelligence, Tesla will maintain its world crown for EV gross sales for the subsequent 18 months however will then be usurped by Volkswagen electrical automobiles. The total BEV outlook report predicts that many legacy automakers will lag in gross sales by way of 2025, however Volkswagen is on monitor to overhaul Tesla’s manufacturing quantity by 2024.
Each Volkswagen and Tesla are main names in autos, so we’ll spare you their historical past classes. Whereas the latter has been all-electric since day one, the previous has made newer efforts to embrace BEVs and has executed a lot extra aggressively that different legacy automakers.
Maybe that emissions scandal put slightly chip on Volkswagen’s shoulder to encourage a shift in its public picture – both method, it’s working. Final fall, we reported Volkswagen was increasing EV gross sales and deliveries at a staggering tempo, seeing YOY development effectively over 100%.