r/shares – Volkswagen overtakes Tesla within the Norwegian marketplace for electrical automobile gross sales

Nicely, the e-Golf wasn’t a nasty possibility in comparison with different choices on the time which are not sports activities or premium class. The brand new ID sequence can be enormous.

Whereas VW merchandise appear boring, the corporate excels in some ways which individuals hyping Tesla and such usually appear to disregard when evaluating EV shares.

The corporate has an gigantic manufacturing base and might get economies of scale for any EV mannequin instantly. They’ve enormous gross sales networks in all main markets, particularly ones with development potential like China and Brazil. Their R&D departement is enourmous in dimension and has expertise with creating platforms which work from a low-cost Skoda to a premium Audi. Financially the corporate may be very stable – even the diesel disaster did not power the to scrap any plans relating to increasing in China, creating EVs and so forth.

Nevertheless I do not suppose the expansion potential is gigantic within the brief time period. Their market share on ICE automobiles is so massive that I do not see them getting a bigger within the EV market. Nevertheless, they’re the one firm available in the market which has a powerful standing in all courses of automobiles, not solely of their residence market however globally. They produce each class of automobiles by it is marques, and busses and vans of all sizes by Traton’s subsidiaries. In the event that they get a number one place on EV tech they will leap into any mobility pattern rising up.

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