Volkswagen CEO says competition with Tesla will be tight

Volkswagen aims to dethrone Tesla to become the leader in the electric vehicle segment by 2025.
By : HT Auto Desk
| Updated on: 04 Jun 2022, 04:28 PM
File photo of Volkswagen Group CEO Herbert Diess. (AFP)
Volkswagen has unveiled the 2022 ID.Buzz electric microbus for both passenger and commercial vehicle segment. The two models, which are electric renditions of the iconic Kombi or Bulli from the past, will go into production later this year.
2022 Volkswagen ID.Buzz aims to continue the legacy of the Kombi or Bulli almost 72 years after the carmaker assembled the first editions of the iconic vehicle.
The Volkswagen ID.Buzz Passenger electric microbus can seat up to five people. The rear seats can be folded to open up more space for luggage. Volkswagen says that it will also have a six-seater variant soon.
Volkswagen has not revealed details about the engine or the electric range of the ID.Buzz yet. The microbus will come with a 82-kWh battery pack and a 201-horsepower electric motor with a 145 kmph top speed. Volkswagen said that the battery can be recharged from 5 percent to 80 percent in just 30 minutes using a fast charger.
2022 Volkswagen ID.Buzz is based on the German carmaker's Modular Electric Drive Kit (MEB) platform. Currently, 30 percent of the electric vehicles produced by the group are based on MEB. By 2025, Volkswagen aims to take the figures to 80 percent.
File photo of Volkswagen Group CEO Herbert Diess. (AFP)
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Volkswagen has unveiled the 2022 ID.Buzz electric microbus for both passenger and commercial vehicle segment. The two models, which are electric renditions of the iconic Kombi or Bulli from the past, will go into production later this year.
1/5
Volkswagen has unveiled the 2022 ID.Buzz electric microbus for both passenger and commercial vehicle segment. The two models, which are electric renditions of the iconic Kombi or Bulli from the past, will go into production later this year. (AFP)
2022 Volkswagen ID.Buzz aims to continue the legacy of the Kombi or Bulli almost 72 years after the carmaker assembled the first editions of the iconic vehicle.
2/5
2022 Volkswagen ID.Buzz aims to continue the legacy of the Kombi or Bulli almost 72 years after the carmaker assembled the first editions of the iconic vehicle. (AFP)
The Volkswagen ID.Buzz Passenger electric microbus can seat up to five people. The rear seats can be folded to open up more space for luggage. Volkswagen says that it will also have a six-seater variant soon.
3/5
The Volkswagen ID.Buzz Passenger electric microbus can seat up to five people. The rear seats can be folded to open up more space for luggage. Volkswagen says that it will also have a six-seater variant soon. (AFP)
Volkswagen has not revealed details about the engine or the electric range of the ID.Buzz yet. The microbus will come with a 82-kWh battery pack and a 201-horsepower electric motor with a 145 kmph top speed. Volkswagen said that the battery can be recharged from 5 percent to 80 percent in just 30 minutes using a fast charger.
4/5
Volkswagen has not revealed details about the engine or the electric range of the ID.Buzz yet. The microbus will come with a 82-kWh battery pack and a 201-horsepower electric motor with a 145 kmph top speed. Volkswagen said that the battery can be recharged from 5 percent to 80 percent in just 30 minutes using a fast charger. (AFP)
2022 Volkswagen ID.Buzz is based on the German carmaker's Modular Electric Drive Kit (MEB) platform. Currently, 30 percent of the electric vehicles produced by the group are based on MEB. By 2025, Volkswagen aims to take the figures to 80 percent.
5/5
2022 Volkswagen ID.Buzz is based on the German carmaker's Modular Electric Drive Kit (MEB) platform. Currently, 30 percent of the electric vehicles produced by the group are based on MEB. By 2025, Volkswagen aims to take the figures to 80 percent. (AFP)

Though Volkswagen is amping up its electrification game, Volkswagen CEO Herbert Diess feels since the race between the auto major and Tesla to become the top electric vehicle maker is going to be stiff. Diess shared Tesla works at two times the speed compared to the industry pace. Focusing on upgrading the factories along with finding qualified workers for building EVs are a few pointers on the mind of Volkswagen's CEO. Diess also said Tesla does not have the burden of ICE vehicles and started its EV journey with a clean slate.

Diess has also stressed how Volkswagen is scaling up when it comes to electric vehicles. Though, the production capacity of electric vehicles is not only the factor that will determine how close Volkswagen is to Tesla as profit expected from these vehicles is also a determining factor in this race. “We expect the e-mobility business to match the profitability of our combustion engine business earlier than planned. Because we are rolling out our e-mobility toolkits across the board, converting a growing number of production plants and selling our technology to competitors such as Ford," Diess was quoted as in a Reuters report.

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(Also read | Volkswagen to launch electric SUV and pickup truck in 2026, but there is a catch )

With Volkswagen's goal to dethrone Tesla to become the leader in the electric vehicle segment by 2025, the former remains focused on increasing its sales of EVs. In an earlier report, Tesla CEO Elon Musk also mentioned that Volkswagen is the only automaker after Tesla that is making significant progress in the field of electrification. Musk had mentioned that he considers Volkswagen second to Tesla.

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(Also read | Thousands of job cuts at Tesla, Elon Musk pauses 'all hiring worldwide )

Musk and Diess have a friendly rapport with each other and acknowledge each other's achievements in the electric vehicle segment. They also had exchanged test drives of Tesla and Volkswagen EVs. Last year, Diess invited Musk to address 200 executives of the company through a video call.

 

First Published Date: 04 Jun 2022, 04:28 PM IST
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