London CNN —Volkswagen’s orders for electric vehicles shot up in Europe in the first quarter of 2024 compared with a year ago, countering suggestions that drivers may be losing interest in EVs.
New orders for electric cars more than doubled in Europe, Volkswagen said in an earnings statement Tuesday.
He acknowledged, however, that the pace of EV sales growth in Europe and the United States had been slower than the German carmaker had originally anticipated.
As for Volkswagen’s EV deliveries, they declined 16% in Europe in the first quarter compared with the same period in 2023.
“With these actions and our highly profitable combustion engine car business, we are well-prepared to continue to play a leading role in China,” Antlitz said.
Persons:
London CNN —, Arno Antlitz, carmaker, ”, Antlitz, ” Antlitz
Organizations:
London CNN, Volkswagen, Europe’s, CNN, EV, ”
Locations:
Europe, EVs ., United States, China