Volkswagen Bets On New Technology To Take On Tesla

Volkswagen is looking to be the solution to the low-electric-range problem, and take on the likes of Tesla in the PEV market. QuantumScape is working on solid-state batteries as a substitute for the lithium-ion technology, which is used in many electric vehicles today. By doing so, the company believes the range of an electric car could be extended to nearly 430 miles, more than the present day industry-leading ranges of around 265-300 miles for the Tesla Model S.