Posted 4/11/2024, 10:37:59 AM
VW Electric Vehicle Sales Drop in Europe But Surge in China as Overall Deliveries Grow
- Sales of VW electric vehicles fell 24% in Europe in Q1 2022 while rising 91% in China
- Overall VW vehicle deliveries grew 3% to 2.1 million, driven by China, South America and North America
- Combustion engine vehicle sales rose 4% while electric sales fell 3%
- Incoming orders for electric vehicles in Europe more than doubled (+154%)
- High costs and lack of charging infrastructure are barriers to mass adoption of electric vehicles in Europe