Since entering the market with its electric cars, Volkswagen has gained market share. These are more accessible proposals than general proposals and therefore more interesting for consumers.
The positive scenario may now have been reversed, with information revealed by the brand. Volkswagen has already sold its electric cars for 2022, due to a significant set of constraints.
Volkswagen, the world's second-largest electric car maker by volume, sold battery-powered models in the United States and Europe this year because the component supply chain is limited.
This brand, which includes Porsche, Audi and Škoda, sold more than 99,000 electric models globally in the first three months of 2022 due to a shortage of Ukrainian-made semiconductors and other electrical components. Market leader Tesla delivered three times as many cars in the same quarter.
Even with high demand, the brand has to stop deliveries of new electric cars due to this lack of components. Currently, customers who order electric cars in the United States and Europe will not receive them until 2023.
Volkswagen is targeting total sales of 700,000 electric cars for 2022. However, production has been hampered, having sold only 28,800 electric cars in the first quarter in China due to COVID-19 lockdowns.
The auto industry's overall sales forecast for the year has been lowered in recent weeks. This is a result of the effects the global economy continues to suffer from exposure to rising commodity prices and the war in Ukraine.
Although he is the only one to publicly admit this situation, Volkswagen is certainly not the only one. Many other brands certainly have this problem and face serious production challenges, due to the general shortage of components, now with the worsening war in Ukraine.