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https://i-invdn-com.investing.com/trkd-images/LYNXMPEI501D8_L.jpgThe U.S. carmaker, posing a challenge to German electric vehicle production with its new plant near Berlin, had the advantage of a blank slate start and a small number of models, Diess said, making it easier to scale.
But his own company Volkswagen was also speeding up, Diess said.
“There’s a lot coming from our side too… a lot of momentum. It will certainly be tight in coming years,” Diess said, speaking at a car industry conference in Bochum, Germany.