Volkswagen Commercial Vehicles BEV Sales Reached A New Record In Q2 2023

Volkswagen Commercial Vehicles (VWCV), part of the Volkswagen Group, reports 101,500 global vehicle sales during the second quarter of 2023, which is 41 percent more than a year ago. During the first half of the year, the total volume amounted to 198,700 (up 29 percent year-over-year).

The most important thing for us is that all-electric vehicle sales are improving even quicker since the company launched the MEB-based Volkswagen ID. Buzz model in Europe last year.

In Q2, VWCV all-electric vehicle sales amounted to roughly 6,900 units, which is about 1,680 percent more than a year ago, when the company offered only a few electric vans on a small scale. That's a record quarterly result both in terms of volume and BEV share out of the total volume (6.8 percent compared to 0.6 percent a year ago).

Let's recall that the Volkswagen ID. Buzz is offered in two main versions in Europe: the ID. Buzz Pro (passenger version) and the ID. Buzz Cargo (the cargo van version), both equipped with an 82-kilowatt-hour (kWh) battery. In the near future, there will also be a long wheelbase version (available in North America in Q3 2024) with a larger, 91-kWh battery pack.

Volkswagen Commercial Vehicles BEV sales in Q2 2023:

• Total: 6,900 (up 1,680% year-over-year) and 6.8% share

Volkswagen Commercial Vehicles BEV sales - Q2 2023

During the first half of the year, VWCV sold over 12,000 all-electric vehicles, which is an order of magnitude increase year-over-year and more than six percent of the total volume.

Volkswagen Commercial Vehicles BEV sales in Q1-Q2 2023:

• Total: 12,300 (up 1,100% year-over-year) and 6.2% share

For reference, in 2022, the total BEV sales amounted to 7,500 (up 110 percent year-over-year), which was 2.3 percent of the total volume.

It's expected that in 2023, the company will sell more than 25,000 all-electric vehicles, while Volkswagen ID. Buzz sales might increase to 10,000+ units per quarter.

As we previously reported, VWCV set a target to increase its BEV share out of the total sales to 55 percent by 2030.

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