• <a fr-original-style="" href="https://amp.ft.com/content/75ad9bbe-d8ff-464c-8dbc-fbd8fd4660b0" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Volkswagen</a> fell short of their sales projections by 10,000 in their electrical vehicle market in China, citing a shortage of chip supplies as the cause. five of the company’s heavyweight electric models made up 70,000 of the total 3.3 million units sold, a 14% drop from the year before.<img src="https://images.aposto.com/2022/0/3/1641945983111.jpeg" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.51" width="550" alt="Volkswagen" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">Volkswagen<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Looking ahead: VW said that they hope to <a fr-original-style="" href="https://www.reuters.com/technology/volkswagen-says-it-sold-70625-id-electric-cars-china-2021-2022-01-11/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">double the sales of their electrical ID series</a> in the Chinese market, the auto giant’s primary driver for growth and largest consumer base.</li><li fr-original-style="" style="box-sizing: border-box;">Furthermore: The VW Group’s <a fr-original-style="" href="https://www.reuters.com/business/autos-transportation/volkswagens-skoda-auto-reports-126-drop-2021-global-deliveries-878200-cars-2022-01-11/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Škoda Auto marked the sharpest drop</a> in sales in their Chinese market as well, noting a 58.8% shrink in demand.</li></ul>•&nbsp;<a fr-original-style="" href="https://www.reuters.com/technology/tesla-sold-70847-china-made-vehicles-december-cpca-2022-01-11/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Tesla</a> on the other hand has its Chinese production to thank for 70,847 of their car sales in December alone, marking an annual increase of 34% in their operations, a market survey showed.•&nbsp;<a fr-original-style="" href="https://www.reuters.com/markets/europe/rivian-manufactured-1015-vehicles-2021-says-coo-retired-2022-01-10/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Rivian</a>, the Amazon-funded electrical pick-up truck company, reported having produced 1,015 vehicles in 2021, falling in line with their lowered year-end projections citing chip shortages.

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