Volkswagen Solidifies Top Spot in Europe’s EV Market With 26% Share

Volkswagen has marked a significant milestone in its electric vehicle (EV) journey, delivering 216,800 all-electric vehicles in the first quarter of 2025, a remarkable 59% increase from the same period last year.

This surge translates to an increase in the company’s global EV market share from 6% to 10%. Volkswagen has solidified its position as the top battery electric vehicle (BEV) manufacturer in Europe, boasting a market share of approximately 26%.

The company’s deliveries in this region soared to over 150,000, more than double the figures from a year prior, with strong performances from models like the ID.4 and ID.5.

Volkswagen Achieves 59% Surge in EV Deliveries in Q1 2025

Despite these impressive numbers, Volkswagen faces challenges in the Chinese market, where it saw a staggering 37% decline in EV deliveries, finishing the quarter with only 25,900 vehicles sold. This downturn comes as BYD, its primary competitor in China, reported exceptional sales, delivering 416,388 electric vehicles in the same timeframe.

As BYD looks to aggressively expand its footprint in Europe, analysts are speculating whether Volkswagen and other global manufacturers can maintain their competitive edge.

In response to the burgeoning EV market, Volkswagen is planning the launch of more affordable models, such as the ID.2, which will have a starting price of around 25,000 euros ($27,500) in 2026. Additionally, the company is preparing an SUV variant and an even cheaper model, the ID.1, expected by 2027.

Oliver Blume, CEO of Volkswagen Group, expressed optimism, stating, “Now we’re shifting into the fast lane,” signaling the company’s commitment to retaining its market leadership amidst the changing dynamics of the global EV landscape.