VW executive: Tesla Model Y is a reference vehicle for our competition - Business Insider

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Volkswagen's chairman says Tesla Model Y is a 'reference' as it builds competing electric cars

, Volkswagen chairman Herbert Diess said the Model Y is a reference point as VW scales up sales of its electric models.Diess said, along with a photo

"Big advantage: Model Y was/is thought through as an electric car — as is the ID.3," he continued. "Many of our competitors still using their ICE [internal combustion engine] platforms. The result: They aren't getting the best EVs." By 2025, VW hopes to sell 1.5 million electric models on its platform that can be used for any of its brands, including Porsche, Audi, Bentley and more. That number would dwarf Tesla's 367,500 it sold in 2019.

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