Volkswagen, and with it the European automobile industry, is in the process lose the electric car game with China? Although BYD is already poised to become the world leader in the production of electric vehicles, Volkswagen’s sales figures are worrying. The German manufacturer seems to be having a really hard time winning people over with its electric cars.. Of course, in absolute terms, updated ID.3 and ID.4 are regularly on the sales podium in their respective segments. AND 530,000 electric vehicles delivered worldwide, 45% more than in 2022..
Volkswagen runs out of…
But during the presentation of the quarterly results, the manufacturer admitted 50% drop in orders for the ID range in Europe, the continent that still accounts for two-thirds of electric car sales for Volkswagen, has around 150,000 units expected to go into production, up from 300,000 at the start of the year. The manufacturer also revised down the sales forecasts for electric cars: it is necessary now represent 8 to 10% of the total compared to 11% initially. Let’s hope so for Volkswagen future arrivals of the ID.7, including its Tourer version, and above all the ID.2, will help reverse the trend.
BYD, the big winner
And vice versa, BYD shows a shining form. The Chinese brand delivered 1,048,413 cars worldwide, which is 80% more than last year! So it could make Tesla happy the crown of the world’s leading automotive manufacturer of electric carsAnd this despite the excellent form of the American brand. During the same period, Tesla sold 1,324,074 cars, which is 45% more. But at this rate, the transfer of power could still happen in the fourth quarter of this year or even in the first period of 2024. Finally, let’s remember, and it is historical that BYD overtook Volkswagen a few months ago in China! For 39 years, Volkswagen has always remained number 1 in the world’s largest automotive market. There promising Chinese brand must have experienced rapid growth everywhere!
Read also:
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BYD confirms the arrival of three electric models in France
BYD Atto 3: we tried the 100% electric Chinese SUV
Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.