Cars and Moto
German automotive group Volkswagen plans to compete with electric car maker Tesla Motors, a small electric vehicle, DPA announced on Monday.
DPA said the vehicle will cost less than 20,000 euros and will be the fastest in the world in 2022.
Volkswagen has not yet commented on the issue.
Herbeth Dyss, general manager of the Volkswagen Group, announced in advance that he intends to participate in the Tesla fighting competition.