Tesla Inc.’s years-long dominance of electric-car gross sales could quickly be over as conventional automakers introduce a slew of latest battery-powered fashions, one in every of its German rivals mentioned.

“It received’t be straightforward for Tesla to proceed at that pace as a result of the remainder of the trade is shifting forward massive time,” BMW AG Chief Govt Officer Oliver Zipse mentioned Monday in the course of the DLD All Stars tech convention.

Tesla’s progress in automobile deliveries in Europe already slowed final 12 months to roughly in keeping with the general EV market’s enlargement, Zipse mentioned.

Auto executives not often make digs at rivals, so the CEO’s remarks replicate the new-found self-confidence amongst conventional producers pouring billions of {dollars} into electrifying their choices. BMW is including battery-powered variations of its X1 SUV in addition to the 5 Sequence and seven Sequence.

(Additionally learn | Tesla Slips, Mazda rises in shopper stories rankings)

BMW’s bigger peer Volkswagen AG might not be far off from eclipsing Elon Musk’s Tesla this 12 months. The German firm plans to a minimum of double the share of its gross sales which can be totally electrical in 2021, with the excessive finish of its goal vary suggesting it may come near Tesla’s anticipated deliveries of a minimum of 750,000 automobiles.

This story has been printed from a wire company feed with out modifications to the textual content.