2024-04-02 08:18:11 ET
Summary
- Volkswagen has significantly increased its EV deliveries in 2023, reflecting its commitment to electrification and its ambitious investment strategy.
- The company has seen remarkable growth in EV sales in Europe, North America, and China, solidifying its position in the global EV market.
- Volkswagen's strategic focus on digitalization, emerging market expansion, and collaborations with industry leaders position it for future growth and stock appreciation.
In my previous coverage of Volkswagen ( VWAGY ), I underscored the automaker's robust entrance into the electric vehicle ((EV)) sector, highlighting its impressive financial fortitude and the strategic shift towards electrification as the main pillars for continued success into the future. Volkswagen's vigorous pursuit in the EV realm, reflected in a 42% increase in EV deliveries in Q1 2023 and overcoming supply chain hurdles, painted a picture of the company adeptly navigating the complexities of modern auto manufacturing....
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For further details see:
From Dieselgate To EV Innovator: Volkswagen's Quest To Beat Tesla And Win Over China