Volkswagen of America studies that throughout the fourth quarter of 2023, its car gross sales in the USA amounted to 96,486, which is up a whopping 40% year-over-year. In all of 2023, the corporate offered 329,029 automobiles, which is 9.3% greater than a yr in the past. However the greatest contributor to the expansion final yr was the all-electric Volkswagen ID.4, which is regionally produced on the Chattanooga, Tennessee plant.
In This fall, Volkswagen ID.4 gross sales amounted to 10,634, which is sort of 13% greater than a yr in the past and the second consecutive five-digit outcome after the report of 10,707 items in Q3. The ID.4 represents about 11% of Volkswagen’s complete American gross sales.
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Volkswagen’s electrical gross sales lastly take off
After its diesel dishonest scandal, VW was one of many first legacy automakers to vow to go all-electric. The ID.4 was meant to steer that cost in America. In 2023, it actually took off, if gross sales are any indication.
The outcomes are fairly constructive, excluding the newest development fee, which considerably decreased.
Volkswagen BEV gross sales in This fall’2023 (YOY change):
Volkswagen ID.4: 10,634 (up 13%) and 11% share
In 2023, Volkswagen offered within the U.S. greater than 37,700 electrical automobiles, which is a really robust 84% enchancment over 2022. The all-electric automotive share amounted to 11.5%.
Volkswagen BEV gross sales in Q1-This fall’2023 (YOY change):
Volkswagen ID.4: 37,789 (up 84%) and 11.5% share
For reference, in 2022, 20,511 Volkswagen ID.4 have been offered within the U.S., which was 6.8% of the model’s complete quantity on the time. Cumulatively, greater than 75,000 ID.4 have been delivered to prospects within the nation.
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The yr 2023, with near 38,000 gross sales, marks vital progress in Volkswagen’s electrification, though we thought that a fair greater outcome was doable.
The yr 2024 is a little bit of a thriller proper now, because the Volkswagen ID.4 surprisingly misplaced its entry to the total $7,500 federal tax credit score, regardless of native manufacturing of the automotive in addition to its battery cells within the U.S. Its automobiles are produced in Chattanooga, Tennessee, whereas the batteries are produced by SK Innovation’s SK On in Georgia. Nonetheless, a Volkswagen spokesperson has advised InsideEVs that the corporate is “optimistic” the ID.4 will qualify for tax credit ultimately.
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The entry-level 2023 Volkswagen ID.4 began at an MSRP of $38,995 (+ $1,295 DST, for a complete of $40,290). After deducting the $7,500 incentive, it was successfully $32,790 in 2023. At present, prospects is perhaps nonetheless capable of get the inducement by way of leasing.
Sooner or later, the ID.4 will likely be joined within the US by the Volkswagen ID. Buzz and Volkswagen ID.7, whereas its automobiles will get Tesla’s NACS charging port as a substitute of the CCS1, beginning in 2025.