Volkswagen has revealed plans to become the leader in the global electric car market by 2025.
According to Elon Musk, interviewed on Ted recently, the world needed around one hundred battery factories the size of the Tesla Gigafactory under construction in Nevada, to wean us of fossil fuel, so that we no longer feel guilty about energy. And Mr Musk said that Tesla already has plans for up to four more Gigafactories.
So that sounds close, as if winning the war against climate change is within our sights.
But now Volkswagen is in the race. According to the FT, it has announced plans to be making one million electric cars by 2025.
“This would put it on a clear path to clash with Tesla, the US electric carmaker that sold fewer than 80,000 units last year but has pledged to build 1million a year by 2020," said the FT.
And it quoted “Herbert Diess, head of the VW brand at its Wolfsburg as saying: "Anything Tesla can do, we can surpass.”
One thing is for sure, to make the volume of electric cars that VW and Tesla and projecting, a lot more Gigafactory type facilities will be required.
But sorry, VW, you have to do better than that. By 2025 global demand for electric cars will be several order of magnitude greater than it is now. If VW is making one million electric cars in the year 2025, will no longer be the second biggest car maker in the world.
It needs to be more ambitious.