Volkswagen Is Coming for Tesla’s Throne

The fight for the future begins on Monday.

Volkswagen (VWAGY) – Get Volkswagen AG ADR Report is launching a new weapon in its war with Tesla (TSLA) – Get Tesla Inc. report for world electric vehicle domination.

The German automaker is slated to digitally debut the pre-production concept of its ID. AERO, its first fully-electric limousine for the Chinese automobile market, on June 27.

The four-door vehicle, which Volkswagen described as “the future model for the upper-middle class in China,” is expected to go on sale in the world’s largest automotive market in the second half of 2023.

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