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Benzinga

Technology

Rachit Vats

Research: Tesla To Be Overtaken By This Legacy Automaker As Top EV Maker By 2024

Volkswagen Bloomberg Intelligence Nasdaq Tesla Inc. electric vehicle Germany

Germany’s Volkswagen Group (OTC:VWAGY) could grab the top electric vehicle maker crown from Tesla Inc (NASDAQ:TSLA), according to a research report by Bloomberg Intelligence.

What Happened: Volkswagen’s battery electric vehicle share already tops that of Tesla in Europe and the legacy automaker needs to replicate that success in other regions, particularly China where it is currently struggling to grow the electric vehicle share.

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