Germany‘s BMW (BMW) CEO Oliver Zipse said that as traditional car manufacturers have launched their electric car series, tesla, which has dominated the electric car market for many years, is expected to lose its dominant position in the near future.
Tesla delivered nearly 500,000 vehicles last year, a strong increase of 36% over 2019, during the new crown Epidemic can have such a growth performance, the stock price is therefore rocketing up. However, Zipser said at the DLD All Stars Innovation Conference on the 22nd that the raging veteran car makers are launching more electric vehicles one after another, and it will not be easy for Tesla to sustain this growth rate as other car makers are catching up.
BMW is launching the X1, as well as the 5 and 7 series of electric vehicles.
Tesla last month expected annual deliveries to grow by about 50 percent in the next few years. However, Fuchs’ electric car sales this year may close the gap with Tesla, Fuchs plans to at least double the share of pure electric car sales by 2021, and the upper range of target deliveries shows that it may approach Tesla’s estimate of at least 750,000 vehicles.
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