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Volkswagen Eyeing Supercharged China EV Sales Surge

German automaker expects to sell up to 100,000 of its ID series in 2021; Battery EV deliveries in China have doubled to 18,285 this year so far


Skoda has been given the charge of leading the $1-billion of India investments by European auto major Volkswagen between 2019 and 2021. Photo: Reuters

• German automaker expects to sell up to 100,000 of its ID series in 2021

• Battery EV deliveries in China have doubled to 18,285 this year so far

 

Volkswagen expects sales of its ID series of electric vehicles in China – the world’s largest car market – to pick up significantly in the second half of the year, the German firm’s Chief Executive Herbert Diess said on Thursday.

By the end of the year, Volkswagen wants to sell between 80,000 and 100,000 of the EV series in China, Diess said, adding sales were expected to double to 6,000 in July from 3,000 in June.

In the first half of this year, deliveries of battery electric vehicles (BEV) in China more than doubled to 18,285, but accounted for just 10.7% of global BEV deliveries.

 

  • Reporting by Reuters

 

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