The Skoda Enyaq iV is the fourth most popular BEV in the wider Volkswagen Group.
April 23, 2023 at 23:27 ET
The Volkswagen Group’s Skoda brand, based in the Czech Republic, records 209,600 global vehicle sales in the first quarter of 2023, up 12.6 percent from a year ago. However, this is barely two-thirds of the 2019 result.
Sales of Skoda’s all-electric cars rose much faster in the first quarter, up 41 percent year-on-year to 12,400 units. That’s about 5.9 percent of total volume (compared to 4.7 percent a year ago).
The company currently offers just one BEV: the Skoda Enyaq iV (including the Coupe version), which is a direct cousin of the Volkswagen ID.4 and the Audi Q4 e-tron. In Q1, it was the fourth most popular BEV in the wider Volkswagen group.
Skoda BEV sales in the first quarter of 2023:
- Skoda Enyaq iV (incl. Coupé): 12,400 (4th best in the Volkswagen group)
- Total: 12,400 (+40.9% year-on-year) and 5.9% share
For reference, in 2022, Skoda sold approximately 53,700 all-electric cars (up 9.4% year-on-year), accounting for 7.3% of the total market.
We assume Skoda will have no problem beating the 2022 result this year, but it needs to add more models to its lineup to significantly increase volume. The current MEB-based Skoda Enyaq iV is a good starting point.
We recall that the small Skoda CITIGOe iV (direct counterpart of the Volkswagen e-up! and SEAT Mii Electric) was completely withdrawn. In 2021 it recorded 4,400 sales.
According to Skoda, three completely new all-electric models will be introduced to the market as early as 2026, with more to follow.
The plan is to increase the BEV share of new car sales to 70% by 2030 and 100% after 2035.
According to the latest reports, a small crossover/SUV is on the way, as the Volkswagen, Skoda and Cupra brands intend to launch several new entry-level small BEVs, based on the VW Group’s upcoming MEB Entry platform.
This could be a big opportunity for Skoda, which is often perceived as an affordable brand in Europe.
