Volkswagen AG is planning a massive rollout of electric crossovers in the next few years to take on Tesla. The German auto giant already has plans for an entry-level electric crossover, the Tiguan EV, and a luxury electric SUV, all due in the next few years. British car publication Autocar UK reported that Volkswagen is developing several all-electric crossovers and SUVs in an attempt to capture a bigger share of the electric car market.
Tesla currently leads the global electric vehicle market in terms of sales. However, despite the US EV giant’s dominance, Volkswagen has managed to capture a large slice of the market over the past few years. It’s also capable of walking up the ladder, capable of challenging Tesla. In fact, experts predict that by the end of this year, Volkswagen will finally beat Tesla to become the number one player in the global electric vehicle market.
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Volkswagen sells a staggering number of electric vehicles every year. In 2022, the Volkswagen brand will deliver 325,100 electrified vehicles worldwide. Last year, the Volkswagen Group as a whole sold 572,000 electric vehicles, which is a very impressive figure. However, those numbers pale in comparison to Tesla, which will sell more than 1.3 million electric vehicles globally in 2022.
Speaking of the automaker’s EV onslaught, Volkswagen already has the ID.3 and ID.4 on the market, which were plagued by software glitches at launch that failed to dent Tesla’s pricing on the Model 3 and Model Y . The automaker recently revealed the ID.7 sedan, which packs a host of new hardware and promises a range of more than 482 kilometers on a single charge. Apart from this, the company has also introduced the long-awaited MPV ID. Make a splash in Europe in early 2023.
To boost its EV sales, Volkswagen is not increasing its focus on electric crossovers and SUVs, the report said. The car company reportedly plans to launch two new electric crossovers and an SUV by 2028. The first of these is the Tiguan EV, scheduled for 2025, and when it arrives, it will sit right below the ID.4.
First published date: May 8, 2023 at 09:11 AM CST