Nov 7, 2022

woman parking ID.4

The Reasons Electric Vehicles are Gaining Market Share and Will Continue to Grow

Electric vehicles are now permanently a part of the overall vehicle landscape. That’s not going to change, and the statistics back that up. According to Fortune Business Insights, the EV market was valued at $28.24B in 2021 and is projected to grow to over $137B by 2028. It’s also worth noting that industry experts are projecting that electric vehicles will represent more than half the vehicles in circulation by 2040.

However, if you’ve been following along with the news, then you already know that Volkswagen currently only has one VW electric car for sale – the VW ID.4. It was the winner of the 2021 World Car of the Year Award and a recent winner of Wards Best User Experiences. It has also appeared on many editors’ choice and “best-of” lists since it was first released to the public.

The VW ID.4 is one of the best-selling vehicles that Volkswagen has come out with in recent memory. Part of that has to do with the public’s acceptance of electric vehicles and a wider availability of public charging. Drivers can now find public chargers all over the place, especially if they live in densely populated cities.

The other driving factor has to do with the gasoline price increases that we experienced earlier in the year. According to reporting conducted at the time, some drivers were paying well over $100 per tank of gas. This made drivers take a good, long look at electric vehicles as a means to replace their current cars. It also doesn’t hurt that the VW ID.4 can get up to 275 miles on a single charge (Pro model) and comes with one of America’s leading auto warranties.

In summary, the EV market is getting bigger, VW has a great car (but just the one), and drivers are finally ready to seriously consider making the switch to electric. So, what’s next?

How Volkswagen Plans to Continue Gaining Traction With Electric Vehicles

The first thing that VW plans to do is expand their lineup of EVs from just one vehicle to several. Currently slated for release are the VW ID.Buzz (a microbus), the VW ID.Aero (a sedan), and the VW ID.LIFE and VW ID.8 (both SUVs). Regarding the VW ID.8, it is going to be a spin-off of sorts of the VW ID.4. Customers will be hearing more about these upcoming VW electric cars for sale over the next couple of years.

It’s also important to cite how company leadership is devoted to the growth of electric vehicles. Oliver Blume, new CEO of the VW Group, was quoted saying, “I am a fan of e-mobility and I stand by this path…we will keep the current pace and, where possible, increase it.”

Blume has gone on record several times about the company’s commitment to energy sustainability and releasing eco-friendly vehicles. They’re also interested in making purchasing EVs as advantageous to customers as possible, which is why the production of the VW ID.4 is being moved from overseas to a domestic factory in Chattanooga, TN. Electric vehicles that are produced domestically are eligible for the Inflation Reduction Act’s $7,500 tax credit that was outlined by the Biden administration. This will make switching over even more affordable for the average car buyer.

Looking for a VW Electric Car for Sale? VW Lee’s Summit Can Help!

If you’re finally ready to make the switch over to an electric vehicle, the good news is they are easy to come by these days. You don’t even have to drop by your local Volkswagen dealer to do it. You can simply visit the Build and Reserve Your ID.4 section of our website to get started. This allows you to pick out the exact ID.4 you want along with any optional features you may want added on. Considering that there’s a queue of interested buyers waiting to get an ID.4, this is the easiest way to ensure you get the exact one that you want.

Not in the market for new electric cars? No problem!

As the leading Volkswagen dealer that specializes in new cars for sale in Kansas City, we carry a wide variety of new cars, used cars, and certified pre-owned vehicles that have undergone a 100+ point inspection. Don’t forget to check out our specials for more great deals on VW products and services. Need help financing a vehicle? Check out the financing section of our site to get started on your pre-approval.

VW Lee’s Summit is conveniently located at 2225 NE Independence Ave in Lee’s Summit. For questions or to set up an appointment, feel free to contact us at (816) 841-7253 or you can reach out to us via email using our contact form.

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