financetom
Business
financetom
/
Business
/
Volkswagen's Europe EV sales more than double in first quarter
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Volkswagen's Europe EV sales more than double in first quarter
Apr 8, 2025 3:36 PM

BERLIN (Reuters) - The Volkswagen Group more than doubled its deliveries of battery-electric cars in Europe in the first quarter to over 150,000 from 74,400 in the same period last year, the carmaker said on Wednesday, in another sign that EV demand is picking up.

Orders for Volkswagen vehicles, both electric and combustion engine, rose 29% in Western Europe compared to last year, Volkswagen said, confirming numbers published by German newspaper Bild.

The automaker is due to report comprehensive data on its unit sales later on Wednesday.

Battery-electric vehicle sales in Europe have risen substantially this year so far even as total car sales have fallen, data from the European Automobile Manufacturers' Association has shown, as new EU emissions targets and the launch of new models drive demand after years of slow growth.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Broadcom Inc. Commences Offers to Purchase for Cash Certain of its Outstanding Debt Securities
Broadcom Inc. Commences Offers to Purchase for Cash Certain of its Outstanding Debt Securities
Jun 11, 2026
PALO ALTO, Calif., June 11, 2026 /PRNewswire/ -- Broadcom Inc. ( AVGO ) today announced that it has commenced cash tender offers (collectively, the Offers) to purchase the outstanding notes described below, in each case upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 11, 2026 (the Offer to Purchase) and the...
AIFU Signs MOU to Acquire Industrial AI Company, Launching Strategic Transformation
AIFU Signs MOU to Acquire Industrial AI Company, Launching Strategic Transformation
Jun 11, 2026
SHENZHEN, China, June 11, 2026 (GLOBE NEWSWIRE) -- AIFU Inc. ( AIFU ) ,a leading AI-driven independent financial services platform in China, today announced that it has signed a non-binding Memorandum of Understanding (“MOU”) regarding a proposed acquisition of Peakleap Ventures Limited, a company specializing in industrial AI solutions for the solid waste recycling and resource recovery sector. The proposed...
Advanced Integration Technology (AIT) Completes Acquisition of Futuramic Tool & Engineering
Advanced Integration Technology (AIT) Completes Acquisition of Futuramic Tool & Engineering
Jun 11, 2026
PLANO, Texas and WARREN, Mich., June 11, 2026 (GLOBE NEWSWIRE) -- Advanced Integration Technology (AIT), the world’s largest provider of automation to the global aerospace and defense industry, announced that it completed the acquisition of Futuramic Tool & Engineering on June 1, 2026. The scope of the transaction includes Futuramic’s affiliates Sharp Tooling Solutions and Jordan Tool. John Couch will...
ROX CAPITAL PARTNERS ACQUIRES INTERSTATE THREADED PRODUCTS
ROX CAPITAL PARTNERS ACQUIRES INTERSTATE THREADED PRODUCTS
Jun 11, 2026
AUSTIN, Texas, June 11, 2026 /PRNewswire/ -- Rox Capital Partners (Rox), a Texas-based private equity firm focused on building and scaling lower middle-market businesses, today announced the acquisition of Interstate Threaded Products (ITP), a leading manufacturer of specialty threaded fasteners serving critical industrial end markets across North America. The acquisition represents the launch of Rox's industrial fastener platform, which the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved