Volkswagen is coming for Tesla. Here's how it plans to dominate the US market
CNN
Volkswagen is gunning for Tesla's title as electric vehicle king.
Tesla is still king, with over 936,000 electric vehicles sold in 2021 and a share of about 14% of the global electric car market. But Volkswagen isn't far behind. having grabbed about 11% of the market last year and doubled its EV sales compared with 2020.
Now, the company is making a push to take the top spot. Volkswagen will say goodbye to the internal combustion engine and phase out all gasoline-powered vehicles from its US line-up within the next decade. From then on, it will sell only electric cars.
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