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According to Volkswagen, China was the best-performing market for the company in 2022, with 143.1 thousand electric cars sold and an increase of 102.9% compared to the previous year
Volkswagen is celebrating a historic milestone in its success in the electric car market. The German automaker experienced significant growth in 2022, evidenced by a 23.8% increase in global registrations in its zero-emission line.
This brought the total number of vehicles sold to customers to an impressive 330,000 units. These figures show that Volkswagen has a solid and successful strategy for its electric vehicle portfolio.
The Volkswagen ID.4 SUV, responsible for the sale of 170,000 vehicles throughout the year, was a shining example of the period. Built on the MEB modular platform, the crossover is part of a strong lineup of electric cars, which includes the ID.3, ID.5, ID.6, and ID.Buzz.
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These vehicles represent an attempt by the automaker not only to expand its electrification strategy but also to position itself as a more premium option in the market. Volkswagen has heavily invested in cutting-edge technology and innovation to provide its customers with high-quality and high-performance electric cars.
At the latest CES 2023 edition, Volkswagen presented another model from the ID line, the VW ID.7, a mid/large sedan that is expected to be the most equipped, technologically advanced, and luxurious car in the automaker’s electric portfolio.
According to Volkswagen, China was the best-performing market for the company in 2022, with 143.1 thousand electric cars sold and an increase of 102.9% compared to the previous year. The manufacturer had a 27.7% increase in sales in North America, a traditionally challenging region for sales. The ID.4 was also responsible for the majority of these sales increases.
Volkswagen Plans to Start Importing Some of Its Electric Vehicles to Brazil Starting in 2023
During a presentation at CES, the company stated that it plans to increase the production capacity of its factory in Chattanooga, located in the state of Tennessee. The news comes following the company’s intention to make a significant investment in the United States.
Thomas Schafer, Global CEO of Volkswagen, revealed to Canaltech that the company’s goal is to achieve a local market share of just over 5% (currently just over 2%) – and this goal is not just for electric cars.
It is important to remember that Volkswagen plans to start importing some of its electric vehicles to Brazil starting in 2023. In addition to the ID.4, they include the Volkswagen ID.Buzz, also known as the electric Kombi, and possibly the brand new ID.7.
Volkswagen has been expanding its global presence in the electric car market, which has contributed to this sales increase. With this success, the German automaker is well positioned to continue leading the electric vehicle market and play an important role in the global transition to zero-emission vehicles.
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