Volkswagen Group Increased Global BEV Sales In Q2 2023 By 53%

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Volkswagen Group Increased Global BEV Sales In Q2 2023 By 53%
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Volkswagen Group Increased Global BEV Sales In Q2 2023 By 53% via InsideEVs

The Volkswagen Group reported 2,331,500 global vehicle sales during the second quarter of 2023 . The relatively strong rebound in Q2 allowed VW to achieve 4,372,200 units sold in the first half of the year, which is a 12.8 percent improvement over H1 2022.

Let's now take a look at battery-electric vehicle sales, which are increasing even faster than general sales.In Q2, Volkswagen Group's all-electric vehicle sales amounted to about 180,600 , which was 7.7 percent of the total volume . Without a doubt, it was the second-best quarter in terms of BEV sales so far, although from a broader perspective, it still does not appear satisfying - especially because the group had much higher aspirations a few years ago, even talking about overtaking Tesla.During the first half of the year, the group sold more than 321,000 all-electric vehicles around the world. The growth rate is about 48 percent year-over-year, while the BEV share in the total volume is estimated at 7.4 percent.

In China, things started to improve in Q2, but the relatively weak Q1 dragged the first half into the red anyway.

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