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Volkswagen ID electric vehicle ambitions off to a very slow start in China
- Wednesday | 23rd June, 2021
SHANGHAI (Reuters) – Volkswagen AG’s ID series – the backbone of its electric vehicle ambitions – is off to what even company sources call a worryingly slow start in China. Sales in May of two ID.4 electric SUV models, launched only two months earlier, came to a mere 1,213 combined. By comparison, Tesla sold 6,612 of its Model Y in China in the first two months after its launch. The ID.4’s sales performance in China also contrasts sharply with Europe, where it is a top-selling electric car with 12,101 sold in the first two months post-launch, according to JATO Dynamics. stores in China as of end-May and plans to have more than 100 stores by the end of this year.
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