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German e-Carmakers Will Beat Tesla by 2021: Study

Shobhit Seth

Competition is kicking in fast for Tesla Inc. ( TSLA), the current electric vehicle (EV) market leader, and it may not be able to sustain its lead role for long. A forecast based on a report by PA Consulting Group claims that the German car makers like Daimler AG, BMW AG and Volkswagen AG are set to surpass their American competitor by the year 2021, reports Bloomberg. The factor-based methodology leads to an overall score that is used to rank the electric auto manufacturing companies for the next couple of years.