In a resounding testament to its commitment to electrification, Volkswagen Group has achieved a remarkable 45% surge in Battery Electric Vehicle (BEV) deliveries worldwide, as of September 2023. This surge underscores the German automaker’s steadfast efforts to bolster its standing in the global BEV market.
Impressive Growth in Volkswagen Deliveries
- Between January and September 2023, Volkswagen Group reported a staggering 531,500 deliveries of battery electric vehicles, marking a substantial 45% increase from the corresponding period in 2022, when the company delivered 366,600 BEVs.
- As of September 2023, the company’s BEV offerings constitute an impressive 7.9% of its total deliveries, up from 6.1% during the same period in the previous year.
Hildegard Wortmann, a prominent member of VW Group’s Extended Executive Committee for Sales, expressed her satisfaction, stating, “We demonstrated robust performance in our all-electric deliveries with an extraordinary 45 percent global upswing in the first nine months. Despite prevailing apprehensions in the European market towards battery-powered vehicles, we managed to secure market share and maintain our leadership position in this segment.”
However, Wortmann acknowledged a minor setback, citing, “Our order intake is below our ambitious targets due to the lower-than-expected overall market trend.”
The Pinnacle Performers: VW ID.4 and ID.5
The Volkswagen ID.4 and ID.5 models have emerged as the flag-bearers of the Group’s BEV lineup, with an impressive 162,100 units sold in the initial nine months of 2023. Notably, both models received recent upgrades, fortifying their appeal in the increasingly competitive market.
Diverse Success Stories: Audi, ŠKODA, and CUPRA
The Audi Q8 e-tron made significant strides in 2023, emerging as one of Volkswagen Group’s most successful BEV models, with a robust sale of 21,800 units. It faced stiff competition from the ŠKODA Enyaq iV and CUPRA Born, which secured impressive sales figures of 54,400 and 32,300 units, respectively.
Market Expansion: A Region-Specific Glimpse
In a comprehensive breakdown, it was revealed that during Q3 2022, VW’s BEV market share surged to 9.0%, a notable increase from 6.8% in the preceding quarter. For the period between July and September 2023, Volkswagn delivered a staggering 209,900 all-electric vehicles worldwide, as opposed to 149,400 in the corresponding period of the previous year.
- Europe emerged as the frontrunner, accounting for a substantial 64% of Volkswagen’s electric vehicle deliveries in the third quarter.
- China followed suit, making up 22% of VW’s BEV deliveries, while the United States contributed 10%.
- Other markets collectively constituted 4% of Volkswagn’s BEV deliveries.
Future Endeavors: A Vision for 2030
Looking ahead, Volkswagen has set its sights on securing a formidable 10% market share in the United States by 2030. In March 2023, the automaker laid claim to a 4% market share in the USA, encompassing both BEV and ICE vehicle sales. The forthcoming ID.Buzz and ID.7 models are poised to play pivotal roles in driving Volkswagen’s expansion in the United States.
Conclusion
Volkswagen Group’s robust performance in the global BEV market underscores its dedication to sustainable mobility. The remarkable 45% surge in deliveries is a testament to the company’s unwavering pursuit of electrification. With promising models on the horizon and a clear vision for the future, Volkswagen is poised to make significant strides in shaping the future of automotive electrification.
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SOURCE : TESLARATI
FAQs
What contributed to Volkswagen’s surge in BEV deliveries?
Volkswagen’s 45% increase in BEV deliveries can be attributed to a combination of factors, including a strengthened product lineup, strategic market positioning, and a growing global interest in electric vehicles.
Which models led the charge in Volkswagen’s BEV lineup?
The Volkswagen ID.4 and ID.5 models emerged as the top performers, collectively accounting for 162,100 units sold in the first nine months of 2023.
How did Volkswagen’s BEV market share vary by region?
In Q3 2023, Europe took the lead, constituting 64% of Volkswagen’s electric vehicle deliveries. China followed with 22%, while the United States accounted for 10%. Other markets collectively represented 4% of BEV deliveries.
What are Volkswagen’s future plans for the United States market?
Volkswagen aims to secure a 10% market share in the United States by 2030. In March 2023, the company claimed a 4% market share, encompassing both BEV and ICE vehicle sales. The forthcoming ID.Buzz and ID.7 models are expected to play pivotal roles in this endeavor.