Volkswagen Chief Says German Car Giant Will Overtake Tesla on Electric Vehicle Sales by 2025

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Volkswagen Chief Says German Car Giant Will Overtake Tesla on Electric Vehicle Sales by 2025
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Volkswagen’s CEO said alleviating supply chain issues would likely help create some momentum for the German auto giant in the coming months.

"I think for Tesla, also, ramping up now will probably be a bit more challenging. They are opening up new plants and we are trying to keep up speed. We think in the second half of the year, we are going to create some momentum," Diess said.

Shortages of critical supplies, particularly when it comes to battery production, are expected to be an ongoing constraint for the growth of electric vehicle sales in the years ahead.

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