CEO Duesmann targets return on sales of more than 11%.
On a year-on-year basis, this represents a whopping 329% increase compared to May 2020 US EV sales of 12,536 units.
Volkswagen says the Biden EV initiative is causing it to rethink it US sales strategy for electric cars.
Sales of electric vehicles by European car makers accelerated rapidly in 2020, amid a pedal-to-the-metal push to increase EV adoption …
New models will help electric vehicle sales in China zoom this year, after tepid business in a virus-riddled 2020, and analysts predict Tesla’s Model Y pricing will emerge as a major disruptor in the world’s biggest car market.