In the rapidly growing EV market, the Volkswagen Group benefits from its wide array of brands, which includes luxury marques like Audi, Bentley and Porsche. VW’s most popular EV in Europe is the more affordable ID.3, a hatchback that starts at around $40,000. And in September 2020, Volkswagen released the ID.4, an SUV aimed at the global market that has since become Volkswagen’s top-selling EV overall. Even when Volkswagen still lags behind Tesla, globally, along with other traditional automakers and EV startups, plans to release an abundance of new all-electric models in the next decade.

Performance of Volkswagen (Source: Investing.com)