Volkswagen’s CEO said it will make EVs that are as good as Tesla’s for half the price in 2020: Report (TSLA)

herbert diessMichael Sohn / Associated Press

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  • Volkswagen CEO Herbert Diess said last week that by 2020 the automaker will make electric vehicles that are as capable as Tesla‘s for half the price, Electrek reports.
  • “We will come in 2020 with vehicles that can do anything like Tesla and are cheaper by half,” Diess reportedly said on the German television program “Maybrit Illner.”
  • Volkswagen and Tesla did not immediately respond to Business Insider’s requests for comment.

 

Volkswagen CEO Herbert Diess said last week that by 2020 the automaker will make electric vehicles that are as capable as Tesla’s for half the price, Electrek reports.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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