It’s a one-two that Volkswagen was expecting, but perhaps not so soon, on such a rushed launch. In April, its electric compact sedan ID3 and its new electric SUV ID4 joined the podium of best selling electric cars in Europe, far ahead of Tesla. A new symbol for the automobile brand which aims to become the leader in electric cars in the world by 2025.
The billions of dollars of Volkswagen’s electrification plan, decided in 2019, are already bearing fruit. And contrary to what one might think, the ID4 indeed exceeds the ID3, to 7565 registrations in April against 5941 deliveries for the ID3. The ID4 is much newer, but the ID3 has experienced some issues and delays that may have penalized its sales lately. The third model on the podium is none other than the Renault Zoé, with 4,083 units.
Volkswagen in great shape
Tesla, and more precisely its Model 3, does not appear on the top 10 electric car registrations in April 2021. Unlike other manufacturers, the brand depends mainly on imports while the Berlin plant is not yet in operation. A patriotic trend also seems to emerge from Germany where Volkswagen has found a large part of its customers.
They were 1446 across the Rhine to order for the ID4, 2264 for the ID3, very strong proportions which gave a boost to the two cars. In addition, the country was also the main market for the Renault Zoe, with 1,268 units out of the 4,083 units sold in Europe. In April, the electric Peugeot 208 was in fifth position, with 3,597 units sold.
Now Volkswagen’s goal is to outperform Tesla for the rest of the year. Since 1er January, Model 3 registrations still exceed all competitors (at 32,444 units against 17,700 for the ID3), but things could change. The German manufacturer is preparing to market 450,000 cars this year, then 3 million per year by 2025.
On the stock market, the premises of this success have already been observed since the start of the year. We were telling you about it here, and Volkswagen has regained the (Olympic) form it knew before the outbreak of the “Dieselgate” affair. In Germany, the company is the largest capitalization in the country, at more than 130 billion euros.