(CNN) Volkswagen has been saying for years that it intends to, one day, sell more electric cars than Tesla. That could finally happen in 2024, according to a new report from Bloomberg Intelligence. Volkswagen, which is headquartered in Germany and has multiple factories throughout Europe, already leads Tesla in EV sales there. In China, though, Volkswagen currently lags far behind Tesla in EV sales, commanding only 3.5% of the EV market there last year. The remaining 55% of EV sales in China come from a number of smaller, mostly Chinese, automakers.

Source: CNN June 15, 2022 11:20 UTC