VW says it is on track to overtake Tesla in electric cars soon.

Bernd Osterloh, president of the Volkswagen Group, said in a recent interview that the company is on track to overtake Tesla in terms of electric car production and software development. “If Tesla’s three existing plants had annual production capacity of between 300,000 and 500,000 vehicles, the total capacity would be between 900,000 and 1.5 million vehicles, ” says Mr Osterloh. We are on track to reach the same level by 2023, if not earlier. “

VW says it is on track to overtake Tesla in electric cars soon.

He said VW’s modular electric drive matrix platform gave the company a “huge” advantage because it could build any brand of vehicle on it.

Osterloh also expects the Artemis engineering team, led by Audi CEO Markus Duesmann, to catch up with Tesla’s technological advantages. Volkswagen’s new Car Software Organization, which brings together software operations from all carmakers, is the right step in that direction.

“Their advantage is that they’ve installed their software in their cars and used it to collect data,” Osterloh said. But if we install our systems into our cars, we will get more data in a short time. “