Volkswagen Group Elevated International BEV Gross sales In Q2 2023 By 53%

The Volkswagen Group (which incorporates Volkswagen, Audi, Porsche, Skoda, Seat, Cupra, and extra) reported 2,331,500 world car gross sales throughout the second quarter of 2023 (up 18 p.c year-over-year). The comparatively robust rebound in Q2 allowed VW to attain 4,372,200 items bought within the first half of the yr, which is a 12.8 p.c enchancment over H1 2022.

Let’s now check out battery-electric car (BEV) gross sales, that are rising even sooner than normal gross sales.

In Q2, Volkswagen Group’s all-electric car gross sales amounted to about 180,600 (up 53 p.c year-over-year), which was 7.7 p.c of the entire quantity (in comparison with 6.0 p.c a yr in the past).

Certainly, it was the second-best quarter when it comes to BEV gross sales thus far, though from a broader perspective, it nonetheless doesn’t seem satisfying – particularly as a result of the group had a lot increased aspirations just a few years in the past, even speaking about overtaking Tesla.

Volkswagen Group BEV gross sales in Q1 2023:

  • Complete: 180,600 (up 53% year-over-year) and seven.7% share
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In the course of the first half of the yr, the group bought greater than 321,000 all-electric automobiles all over the world. The expansion fee is about 48 p.c year-over-year, whereas the BEV share within the complete quantity is estimated at 7.4 p.c.

Volkswagen Group BEV gross sales in Q1-Q2 2023:

  • Complete: 321,600 (up 48% year-over-year) and seven.4% share

For reference, in 2022, Volkswagen Group bought about 572,100 all-electric automobiles all over the world (up 26 p.c year-over-year), which was 6.9 p.c of the entire quantity.

We’re fairly positive that 2023 will probably be a report yr for the Volkswagen Group, however our preliminary guess that 0.9-1.0 million items are potential, probably was too optimistic.

Hildegard Wortmann, member of the Group’s Prolonged Government Committee for Gross sales mentioned:

“With a rise in all-electric deliveries of round 50 per cent within the first half of the yr, the Volkswagen Group is systematically persevering with its transformation. We’re the market chief in Europe on this section and have gained market share. Since Might, we’ve got once more seen an improved pattern in incoming orders right here, after a sure reluctance on the a part of our clients at first of the yr attributable to decreased subsidy applications, partly lengthy ready occasions and excessive inflation. In view of the latest vital discount in supply occasions, we count on this constructive pattern to proceed within the coming months.”

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Identical to within the earlier intervals, Europe stays the biggest BEV marketplace for the Volkswagen Group (118,900 items in Q2), with a share of about two-thirds. BEV gross sales development in Europe (69 p.c year-over-year) can be sooner than in lots of different markets.

The Volkswagen Group famous that its order financial institution in Western Europe alone is at round 200,000 BEVs.

In the US, gross sales enhance rapidly though the quantity is considerably decrease, and doesn’t play that large of a job.

In China, issues began to enhance in Q2, however the comparatively weak Q1 dragged the primary half into the purple anyway.

Gross sales in Q2 2023:

  • Europe: 118,900 (up 69%)
  • US: 14,000 (up 56%)
  • China: 41,000 (up 18%)
  • Remainder of the world: 6,700 (up 74%)
  • Complete: 180,600 (up 53% year-over-year)

Gross sales in Q1-Q2 2023:

  • Europe: 217,100 (up 69%)
  • US: 29,800 (up 76%)
  • China: 62,400 (down 1.6%)
  • Remainder of the world: 12,300 (up 55%)
  • Complete: 321,600 (up 48% year-over-year)

The Volkswagen model (94,800 items) was accountable for round half of all of the group’s BEV gross sales. The second largest within the BEV section as soon as once more was Audi (41,100). Skoda was the third model with 18,900 items bought, whereas all the different manufacturers/subsidiaries have been beneath 10,000 items in Q2.

We lined every model individually to higher perceive what is occurring within the business and hyperlinks to the person reviews could be discovered beneath:

Gross sales in Q2 2023:

  • Volkswagen (automobiles): 94,800 (up 52%)
  • Audi: 41,100 (up 59%)
  • Skoda: 18,900 (up 41%)
  • Seat/Cupra: 9,700 (up 60%)
  • Porsche: 8,839 (down 6%)
  • Volkswagen (industrial automobiles): 6,900 (up 1,680%)
  • different (MAN, Volkswagen Truck & Bus, Scania, Navistar): 400 (down 7%)
  • Complete: 180,600 (up 53% year-over-year)

Gross sales in Q1-Q2 2023:

  • Volkswagen (automobiles): 164,800 (up 42%)
  • Audi: 75,600 (up 51%)
  • Skoda: 31,300 (up 41%)
  • Seat/Cupra: 18,900 (up 129%)
  • Porsche: 17,991 (down 5%)
  • Volkswagen (industrial automobiles): 12,300 (up 1,100%)
  • different (MAN, Volkswagen Truck & Bus, Scania, Navistar): 600 (down 23%)
  • Complete: 321,600 (up 48% year-over-year)

In Q2, the group’s best-selling electrical automotive, with none shock, is the Volkswagen ID.4 (counted by the producer along with the ID.5 coupe model) at 59,300 items.

The all-electric This fall (26,700) additionally barely outpaced the Volkswagen ID.3 (26,200), indicating that crossovers/SUVs are extra interesting.

Choose BEV mannequin gross sales (for which knowledge can be found) in Q2 2023:

  • Volkswagen ID.4/ID.5 – 59,300
  • Audi This fall e-tron (incl. Sportback) – 26,700
  • Volkswagen ID.3 – 26,200
  • Skoda Enyaq iV (incl. Coupé) – 18,900
  • Audi e-tron/Q8 e-tron (incl. Sportback) – 9,800
  • Cupra Born – 9,700
  • Porsche Taycan (all variations) – 8,839
  • different fashions – 21,161
  • Complete: 180,600 (up 53% year-over-year)

Choose BEV mannequin gross sales (for which knowledge can be found) in Q1-Q2 2023:

  • Volkswagen ID.4/ID.5 – 101,200
  • Volkswagen ID.3 – 49,800
  • Audi This fall e-tron (incl. Sportback) – 48,000
  • Skoda Enyaq iV (incl. Coupé) – 31,300
  • Audi Q8 e-tron/e-tron (incl. Sportback) – 19,500
  • Cupra Born – 18,900
  • Porsche Taycan (all variations) – 17,991
  • different fashions – 34,909
  • Complete: 321,600 (up 48% year-over-year)
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Among the fashions are very comparable and supplied by completely different manufacturers. For instance, the MEB-based crossover/SUV – Volkswagen ID.4/ID.5, Audi This fall e-tron (incl. Sportback) and Skoda Enyaq iV (incl. Coupé) – collectively famous 104,900 (Q2). That is greater than half of the entire quantity.

Equally, the MEB-based compact hatchbacks: Volkswagen ID.3 and Cupra Born, collectively famous 35,900 items.

This leaves 39,800 items (22 p.c) for all different BEVs bought by the Volkswagen Group in Q2 2023.

By the way in which, it is value noting that lately, the group produced its one-millionth MEB-based electrical automotive.

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