To Beat Tesla, Volkswagen Bets on Making Its Own EV Batteries

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To Beat Tesla, Volkswagen Bets on Making Its Own EV Batteries
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Volkswagen could be the world’s biggest maker of electric vehicles as soon as next year—but making a cost-effective EV battery is a challenge

SALZGITTER, Germany—Many of the world’s traditional auto makers are racing to develop their own batteries for electric cars, embracing a strategy that helped turn Tesla Inc.

into the market’s biggest player.Analysts forecast that the German giant, already one of the world’s two largest auto makers by sales, will be its biggest EV maker as soon as next year.

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