Volkswagen Surpasses Tesla in European EV Registrations

VW Accelerates Past Its American Rival

Volkswagen has solidified its leadership in the European electric vehicle (EV) market, overtaking Tesla in new registrations thanks to aggressive discounts. Despite this sales surge, VW’s electric models are still struggling to achieve strong profitability. However, the German automaker is making progress towards meeting the EU’s strict CO₂ fleet targets.

Strong Growth in Deliveries, Especially in Europe

According to exclusive information obtained by Handelsblatt, deliveries of Volkswagen’s core electric models worldwide grew by 14.3% in the first half of 2025, reaching around 193,000 vehicles. In Europe, the numbers were even more impressive, with VW boosting sales by over 70% year-over-year—leaving US-based Tesla significantly behind in new EV registrations.

Volkswagen will officially announce its global delivery figures for the first half of the year on Wednesday morning. As the flagship brand in the Volkswagen Group, VW accounts for the bulk of the DAX-listed automaker’s total deliveries.

Implications for Volkswagen

These new figures underscore VW’s strengthening position in the electric car market, even as the company continues to face margin pressure. The boost in sales brings Volkswagen closer to complying with increasingly strict European CO₂ fleet emission standards, an important benchmark for the industry.

VW Stock Holds Steady

On Tuesday morning, Volkswagen’s preferred shares (VW vz) saw little movement, trading at €90.12 on XETRA at 9:06 AM. The stock reached an intraday high of €90.40 and dipped to a low of €90.02. Trading opened at €90.34, with a recent daily trading volume of 23,734 shares.

Earlier this year, on March 11, Volkswagen’s shares peaked at €114.20—the highest level in the past 52 weeks, representing a 26.72% premium over the current price. Conversely, the stock hit its lowest point of the year at €78.86 on November 29, 2024. At present, the share price sits 14.28% above its 52-week low.

Dividends and Analyst Outlook

Volkswagen’s projected dividend for the current year stands at €5.77 per share, down from €6.36 per share distributed last year. Analyst price targets for the stock currently average €114.60.

Financial Results and Forecasts

During its quarterly financial update on April 30, 2025, Volkswagen reported earnings per share (EPS) of €3.69 for the quarter ending March 31, compared to €6.55 per share in the same period last year. Quarterly revenue rose 2.78% to €77.56 billion, up from €75.46 billion a year ago.

Volkswagen is scheduled to announce its second-quarter financial results for 2025 on July 25. Looking ahead, market experts expect the company to release its Q2 2026 financials in late July next year.

Analysts predict Volkswagen will deliver earnings of €18.70 per share for the full year 2025.