As consumers globally transition to electric vehicles more quickly, Volkswagen has become a frequently sought out name. The booming demand for zero-emission vehicles has left Volkswagen feeling the effect of supply chain issues, inflation, and the new terms of federal tax credits.
Looking ahead, Volkswagen intends to only sell electric vehicles in 2024. This will include all deliveries and sales in the US, China, and Europe. But, as deliveries continue to grow, analysts have predicted Volkswagen surpassing Tesla in sales as early as 2024.
Volkswagen board member for sales, marketing, and after-sales, Imelda Labbe spoke out, “the delivery of half a million IDs confirms the models are being well received by our customers. Our focus is unchanged, we want to make the Volkwagen the most desirable brand for sustainable mobility.”
With ten new EV models planned for deliveries by 2026, the Volkswagen Group has continued demonstrating progress in achieving its goal at a staggering growth pace of 100%. This trend has continued throughout 2022 as BEV demand continues to soar alongside the number of all-electric VW available.
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