March 12, 2020 / 4:59 PM / 24 days ago

Volkswagen says Tesla has 10-year start in electric cars

FILE PHOTO: The company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch/File Photo

BERLIN (Reuters) - United States electric car manufacturer Tesla (TSLA.O) has a 10-year start on rivals when it comes to building electric cars and software, Thomas Ulbrich, the Volkswagen (VOWG_p.DE) brand’s board member for electromobility said on Thursday.

“Tesla is an impressive manufacturer,” Ulbrich said. “It is a motivator for us. Tesla has 10 years more experience. But we are very quick in catching up.”

Reporting by Edward Taylor, Editing by Timothy Heritage

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