CEO of Volkswagen Herbert Diess said that "It will make better EVs than Tesla"
Volkswagen CEO Herbert Diess | Image source: Business Insider

Highlights

1. Last week Volkswagen CEO Herbert Diess said that by 2020 the car manufacturer will create electric vehicles that are capable of half the price of Tesla and it will be better than Tesla cars. 


2. The German TV program "Maybrit Illner" has reported that "Volkswagen will come with the vehicles which can do anything like Automotive Giant companies Audi, Lamborghini etc and also our cars will be more than half the price of Tesla cars".

Last week Volkswagen CEO Herbert Diess said that by 2020, the automaker will create electric vehicles that will be half the price of Tesla, and will have more features with better quality than Tesla cars.

The German TV program "Maybrit Illner" has reported that "The company who challenges Tesla i.e. Volkswagen will come with the vehicles, which can do anything like Tesla and will have better functions than Tesla cars."

According to the German television station ZDF, this comments came from the network on the Thursday episode, which broadcasts the program. There was a very hard time for both the companies and their reputation that's why both Volkswagen and Tesla did not respond to requests for immediate comment.

Volkswagen has declared some important notes last year. In that notes they said that by the end of 2022, the company plans to invest about $ 40 billion in electric vehicles, self-driving vehicles, and mobility services. 

The automaker is targeting the sale of three million electric vehicles per year in 50 planned models, by 2025. The company has declared that Volkswagen's upcoming electric vehicles will include the I.D. Buzz minibus, I.D. Crozz crossover SUV, and I.D. compact car.

Since few years, Tesla has been an expert in the electric vehicle range and technology, but its vehicles have been criticized for quality issues. 

The most recent vehicle from Tesla, i.e. Model 3 Sedan, has been reviewed by different people from Business Insider including Matthew DeBord, who said that the $ 57,500 version is "One of the small corps of vehicles operating in my life which I felt fit and I perfectly satisfy my every desire."

So, Just wait and watch what will be the situation of Tesla and other car manufacturers after a decade. For more updates on Volkswagen and Tesla, Stay Tuned with us.

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