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Volkswagen overcomes China EV slump by doubling European sales

Jump for German carmaker’s market share comes as former leader Tesla lags behind

Germany’s Volkswagen on Wednesday said its electric vehicle deliveries in Europe in this year’s first quarter were more than double the same period last year, offsetting a sustained sales slump in China.

The company also increased its first-quarter deliveries of EVs in the US by 51 per cent compared with January to March 2024, to 19,900.

Sales of EVs have increased across Europe during the first three months of the year as carmakers have rolled out new models in anticipation of forthcoming tougher emissions rules from the EU.

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