Volkswagen enjoys impressive growth in global BEV sales in Q3 2021

Volkswagen enjoys impressive growth in global BEV sales in Q3 2021

German automobile giant Volkswagen (VW) enjoyed an impressive year-over-year growth of more than 150 per cent in its global electric vehicle (EV) sales in the third quarter (Q3); thanks to launch of new models amidst the world’s transition from conventional internal combustion engines to electric powertrains.

According to fresh stats, VW sold a new record of around 75,000 during the July to September quarter of this year, up 154.4 per cent from the corresponding quarter of 2020.

Most of the world renowned manufacturer’s quarterly sales currently fall on the MEB-based Volkswagen ID.3 and ID.4, but the Volkswagen e-up also made a significant contribution to the quarterly sales.

The ID.3 is a compact (C-segment) EV produced by the German manufacturer since the year of 2019. Based on the MEB platform, the ID.3 is the first production electric car to utilize this revolutionary platform, and the first electric model in the ID series. It was first introduced on 9th of September in 2019 at the Frankfurt Motor Show.

The ID.4 is an electric crossover SUV produced by VW. Like the ID.3, the ID.4 is also based on the group’s electric MEB platform. It is second electric model in the ID series.

The ID.3 and ID.4 fully-electric cars attracted nearly 125,400 buyers during the quarter under review. The figure represents almost three quarters (75 per cent) of the company’s total sales of battery-powered electric vehicles (BEVs). The VW ID.4 sold 72,700 units, while the VW ID.3 accounted for 52,700 sales.

Year-to-date (YTD), VW brand has sold nearly 167,800 units of all-electric cars. The figure represents a growth of 169.2 per cent from the years ago period. The figure also represents around 57 per cent of the total 293,100 EV sales of the VW Group.

Geographically, Europe remained the largest market for VW ID.3 and ID.4 electric cars. Sales of these all-electric cars in the United States stood at 12,279 YTD, while China accounted for nearly 30,000 units in the first nine months of this year. With the recent growth in China, the German manufacturer is expected to score more sales in the coming quarters.

Pushing ahead with its electrification plans, VW is making efforts to gradually expand its MEB platform to produce more and more next-generation EVs. The Wolfsburg, Lower Saxony-headquartered manufacturing giant has set a goal of 50 per cent of its sales being all-electric vehicles by 2030.