March 12, 2020 / 5:09 PM / 19 days ago

Volkswagen says Tesla has 10-year start in electric cars

BERLIN (Reuters) - United States electric car manufacturer Tesla 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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