In temporary: American and European customers fascinated with shopping for a brand new electrical car below the Volkswagen banner should wait till subsequent 12 months on the earliest to take action as demand has outpaced provide in two keys markets.
Volkswagen CEO Herbert Diess instructed the Financial Times (paywalled, through EuroNews) that they’re mainly offered out of electrical automobiles within the aforementioned areas. “And in China, it is actually selecting up,” Diess added.
Volkswagen is the mum or dad firm of a number of well-known automotive manufacturers together with Porsche and Audi in addition to Czech producer Škoda Auto.
The publication’s report notes Volkswagen delivered 99,000 EVs globally in Q1 2022. For comparability, Tesla in its most up-to-date earnings report mentioned it delivered 310,048 automobiles within the first quarter of this 12 months.
Diess mentioned Volkswagen has a backlog of round 300,000 orders for electrical automobiles in Western Europe alone.
EVs – and new automobiles typically – have been considerably robust to come back by as of late because of pandemic-induced provide chain points and chip shortages. Some automakers, nonetheless, aren’t ready round for situations to enhance.
Ford, for instance, determined to go forward and ship choose fashions with lacking elements and a promise to put in them at a later date as soon as they turn out to be extra available. BMW, in the meantime, opted to ship choose fashions with out touchscreen performance on the infotainment system and refunded consumers for the lacking function.