VW adds electric-car plants in China that will overtake Tesla Unlisted Video
5 years ago
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In about a year, Volkswagen Group may catch up to Tesla's capacity to make electric cars.
VW said Tuesday it is building two plants in China to produce a total of 600,000 vehicles on its dedicated battery-car platform, MEB.
VW has little time to lose after Tesla resolved manufacturing problems in Fremont and its battery factory near Reno, Nevada, which may start also building Model Y crossovers.
While Model 3 sedan deliveries tailed off in the first quarter following a strong second half of 2018, CEO Elon Musk has dismissed concerns about demand and stuck to a forecast for as many as 400,000 vehicle deliveries this year.
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