VW certainly has a good opportunity to surpass tesla. The tesla prices have gone up by about 20% since last year. I don't know how long the wait is. One good deal, now, is GM's Bolt. It has it's issues but I think it's well designed. All VW has to do is produce a quality EV at at tesla's old price and I'll bet they can sell them as fast as they can produce them.

VW is planning a whole bunch of EV models. If they can really get them on the market quickly, the effect will be impressive.

Peri

<< Annoyed by leaf blowers ? https://quietcleanseattle.org/ >>

------ Original Message ------
From: "EV List Lackey via EV" <ev@lists.evdl.org>
To: ev@lists.evdl.org
Cc: "EV List Lackey" <evp...@drmm.net>
Sent: 08-Jul-22 15:05:48
Subject: [EVDL] EVLN: VW "gigafactories"

 Recently, a Bloomberg Intelligence analysis pegged VW as the most
 likely contender to become the top electric vehicle manufacturer in 2024
 ... Bloomberg cites the fact that "Volkswagen is investing up to EUR30
 billion in the supply chain, including the opening of six new
 battery-cell plants in Europe by 2030." ... a dedicated division
 called PowerCo ... will be in charge of a US$20 billion investment
 into setting up six battery factories in Europe and possibly a few in
 North America.

Full story: https://www.notebookcheck.net/VW-pouring-US-20-billion-into-
PowerCo-factories-for-cheaper-prismatic-battery-production-in-a-move-to-
topple-tesla.633867.0.html

Shortcut URL: https://v.gd/Y2J7kg

Interesting that VW is apparently building its battery factories in Europe
and the US, not in China.  Given the unstable world political and military
situation, that might be a smart move.

Tesla seems to have bet more heavily on China.  I've read recently that
Tesla are supposedly working a battery deal with BYD, which have themselves
been seeing triple-digit year-on-year sales gains.

I think I've also read that an increasing proportion of the EVs Tesla sells
in Europe are shipped in from China.

David Roden, EVDL moderator & general lackey

To reach me, don't reply to this message; I won't get it.  Use my
offlist address here : http://evdl.org/help/index.html#supt

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