Germany-based Volkswagen Group has risen from the ashes of its 2015 emissions scandal to become the EV market leader in Europe, where the company reported that it had 26% market share in the first half of 2021. While Tesla's Model 3 has been selling well in the region, Volkswagen's local manufacturing, brand familiarity and cheaper price points have helped give it an edge over Tesla.
Ann: Binding Offtake Agreement Signed with Volkswagen Group, page-25
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