Whereas in the boardrooms of Volkswagen it used to be about the competition with Opel and Ford, in 2021 the arrows are aimed at Tesla.

Volkswagen is increasingly sailing the same course as its American competitor.

For example, it held a major presentation on its future plans on Monday - just like Tesla did in September.

Instead of trendsetting, is Volkswagen now trend following?

On Monday there seemed hardly any attempt to hide the fact that Volkswagen had copied the trick from Tesla.

Where Tesla had its Battery Day in September, Volkswagen held its Power Day on Monday.

The message was also broadly the same: higher production capacity of the battery cells for the battery packs, in order to improve quality and performance and to reduce costs.

Volkswagen wants to build more factories for battery packs, the so-called gigafactories, together with partners and suppliers.

Its capacity is measured in kWh, just like the battery packs themselves.

Before the end of the decade, Volkswagen wants to insure itself of 240 GWh on an annual basis.

This decade is entirely devoted to electric driving at Volkswagen, as became clear during the presentation.

This decade is entirely devoted to electric driving at Volkswagen, as became clear during the presentation.

Photo: Volkswagen

Muscle display or rearguard?

With the outlined strategy, the costs per kilowatt hour should be "well below" 100 euros this decade.

According to analysts, an amount of 100 dollars (83 euros) per kilowatt hour is the tipping point at which the total production costs of a fully electric car are equal to or even lower than that of a fuel car.

Volkswagen's pursuit is as beautiful as it is necessary.

But does the brand also show its muscles with this?

That is not so bad on closer inspection.

Competitor Tesla wants to be at 100 GWh in 2022 and 3 TWh in 2030, almost thirteen times what Volkswagen is aiming for.

And because Tesla does almost everything in-house, the American manufacturer is already close to 100 euros per kWh, analysts suspect.

With the plans that Tesla unfolded during its own Battery Day, the costs must be reduced to 46 euros per kWh by 2025.

Other competitors are also busy

Volkswagen is accelerating the transition to the electric car, the German automaker announced earlier this month.

Volkswagen wants 70 percent of cars sold in Europe to be electric by 2030.

Previously, the world's second-largest automaker aimed for 35 percent.

In a short time, Volkswagen has brought the ID.3 and ID.4 to the market, albeit through trial and error due to software problems.

The ID.5 and ID.6 and their derivatives are already in the wings.

There is no shortage of new models.

"Volkswagen reported that it will roll out its own network of eight thousand fast chargers in Europe over the next five years."

In the meantime, the competition is not standing still.

Hyundai and Kia presented the first models of their new generation of electric cars this year.

In contrast to the new Volkswagens, these use so-called 800 volt technology, with which they can fast charge twice as fast as is currently the case.

Not a word was said about this during the Volkswagen presentation.

The brand did report that, together with partners such as BP, the Spanish Iberdrola and Enel from Italy, it will roll out its own network of eighteen thousand fast chargers in Europe over the next five years.

Just like - indeed - Tesla.

Only that brand started with it in 2013.