Volkswagen announced its sales performance for Q1 2022 on April 14, 2022, with particularly outstanding sales in the BEV category:
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Volkswagen Group’s BEV deliveries increased by 65% YoY. As of the end of March, it had delivered 99,100 BEVs, compared to 60,000 in the first quarter of last year.
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In Q1 2022, 58,400 cars were delivered in Europe (59%), 28,800 cars were delivered in China (48%), which saw the largest growth, and 7,900 BEVs were delivered to customers in the US (8%).
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By the end of March, Volkswagen brand had delivered 53,400 pure electric vehicles (54%), followed by Audi at 24,200 (24%), Porsche at 9,500 (10%), Skoda at 8,800 (9%), and SEAT/CUPRA at 2,200 (2%).
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The expected BEV deliveries for Q2 are approximately 99,100, an increase of 65.2% YoY.
Volkswagen Group’s top 5 delivery models for Q1 2022 are as follows:
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Volkswagen ID.4: 30,300
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Volkswagen ID.3: 13,000
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Audi Q4 e-tron (including Sportback): 10,700
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Audi e-tron (including Sportback): 10,300
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Porsche Taycan (including Cross Turismo): 9,500
However, there is also bad news:
- Pure EV models are in short supply, and Volkswagen Group’s pure electric production line output is lower than in the previous four quarters.
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The Volkswagen Group, including Volkswagen, Audi, Porsche, Skoda, and SEAT, reported that its global automotive sales in Q1 2022 significantly decreased by 21.9% YoY to 1,898,300 units.
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The alarming sign is that in March, the decline was even greater, with global sales dropping by 31.4% YoY to 655,800. According to the German manufacturer, the main reasons are chip shortages, COVID-19, and EW conflicts.- In April, the beginning of the second quarter, China was affected by the epidemic, leading to reduced production and shutdowns in various aspects of the automotive and supply chain industries. Therefore, it is expected that the domestic pure electric sales and production in Q2 will both decrease, covering most automakers.
🔗Source: VW ir
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