Supply of 2022 Audi, Porsche, Volkswagen EVs Sold Out
Consumers really couldn't have chosen a worse time to finally purchase electric vehicles. Because of high gas prices and the addition of new electric cars, demand for electric vehicles has skyrocketed globally. Unfortunately, it's coming at a horrible time, as nearly every automaker is struggling to meet demand because of the semiconductor chip shortage, supply issues because of the war in Ukraine, and global COVID shutdowns. Consumers looking to purchase an electric vehicle from Volkswagen or one of the automaker's other brands will have a hard time finding a 2022 model year on sale.
The Wait Gets Longer
Volkswagen CEO, Herbert Diess told the Financial Times that the automaker is "basically sold out on electric vehicles in Europe and in the United States" for the year. What this means for consumers, is that they'll be waiting until 2023 for their electric vehicle from Volkswagen, Audi, or Porsche to be delivered. The automaker is struggling with production because of the ongoing chip shortage and recent COVID shutdowns in China.
Both issues mean that demand for the automaker's EVs continues to grow, while production is much slower than expected. The automaker expects the number of orders it has to continue to grow and more people to be added to its already long waiting list.
This won't be a huge deal for the automaker in America. In the U.S., Volkswagen doesn't have any electric vehicles that rank highly in sales. The most popular EV that Volkswagen sells in the U.S. is the 2022 Audi e-tron and it was the 10th best-selling electric car in the first quarter of 2022. It's a different story globally where the Volkswagen group is the second-largest supplier of electric vehicles behind Tesla.
It's Worse In Europe
In the U.S., the Volkswagen brand sells quite a few electric cars. The current list includes the Volkswagen ID.4, Audi e-tron, Audi e-tron Sportback, Audi e-tron GT, Audi Q4 e-tron, Audi Q4 e-tron Sportback, Porsche Taycan. The automaker will also be bringing the ID.Buzz electric van to market in 2024. While the Volkswagen brand now has a well-rounded lineup of electric cars, the automaker is struggling to get cars into consumers' hands. The automaker wanted to build 700,000 electric cars this year, but production is reportedly limited to 99,000 units.
Earlier this year, Volkswagen had to stop production of the ID.4 because of the war in Ukraine. "We could deliver many more vehicles to customers if there were no supply constraints," a VW spokesperson told Kelley Blue Book." As a consequence, we currently have longer delivery times, especially for all-electric models, that in some cases reach into 2023."
Volkswagen isn't the only automaker have trouble producing electric vehicles. Ford is already sold out of production for the 2022 Mustang Mach-E and F-150 Lightning. Tesla is also having a hard time getting cars to consumers, as the majority of its vehicles won't be delivered until later this fall.
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