Volkswagen’s Electric-Car Program Is About to Blow Right Past Tesla

German auto giant Volkswagen AG  said this past week that in just four years, it will have 16 factories building battery-electric and plug-in hybrid vehicles around the world.

The Volkswagen I.D. Crozz II Concept, a red crossover SUV with a curved roof.

It’s a big step toward the company’s standing goal to build 3 million electric vehicles a year by 2025. I think many investors have written that off as hyperbole — but it’s time to take VW’s electric-vehicle effort very seriously.

Here’s what we know.

Prev1 of 6Next

Leave a Reply

Your email address will not be published. Required fields are marked *