As legacy automaker Volkswagen looks to electrify its entire lineup of vehicles over the next decade, it is touting accelerated progress today by reaching a milestone of 500,000 EV deliveries a year early. With ten new EV models planned for deliveries by 2026, Volkswagen is capitalizing off growing EV demand with hopes to further accelerate its electrification strategy around the globe.
Since announcing a decade-plus long strategy to completely phase out combustion vehicle sales, Volkswagen Group has continued to demonstrate progress in achieving its goals, despite recent supply chain constraints around the globe.
Last fall, we reported Volkswagen was expanding EV sales and deliveries at a staggering pace, reporting YOY growth well over 100%. This trend has continued through 2022 as BEV demand continues to soar alongside the number of all-electric VW models available.
As its EV deliveries continue to grow, some analysts have predicted that Volkswagen will eventually surpass market leader Tesla in sales as early as 2024. Now, just over two years after beginning deliveries of its ID.3 EV, Volkswagen has surpassed its 500,000 unit benchmark.
Volkswagen deliveries represent a growing EV appetite
The German automaker shared news of its latest accomplishment in a press release today, providing further evidence that consumers around the world are transitioning to EVs more quickly, whether those vehicles are donning the VW badge or not.
While there’s certainly a booming demand for zero-emissions vehicles around the globe, the VW name is one often being sought out by consumers. In addition to 500,000 deliveries already completed, Volkswagen is reporting another 135,000 EVs in the order bank – a 65% increase compared to 2021. VW board member for sales, marketing and after sales Imelda Labbé spoke:
Delivery of half a million ID.s confirms that the Volkswagen models are being well-received by our customers – all over the world. We are on the right track with our electric mobility campaign and our success story continues. Our focus is unchanged – we want to make Volkswagen the most desirable brand for sustainable mobility. We are doing our utmost to deliver the roughly 135,000 ID.s on order to our customers as quickly as possible. However, due to the persistently strained situation as regards the supply of parts we are repeatedly having to adjust production.
Like many automakers, Volkswagen has felt the affects of supply chain issues, inflation, and new terms in the US pertaining to federal tax credits under the Inflation Reduction Act. Still, the automaker has pivoted its strategy, named a new CEO, and continues to work toward deliveries of ten new EVs by 2026. This will include an entry-level EV priced around $25,000 and the recently covered Aero B sedan.
Looking ahead, Volkswagen intends to only sell EVs in Europe by 2033 and have 50% of all sales and deliveries be electric in the US and China by that time as well. Its ID.4 SUV is currently being assembled in Chattanooga, Tennessee.
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The Windsor, Ontario utility says it’s driving towards a more sustainable future after adding a dozen new electric vehicles to its fleet – including a state-of-the-art, 55-foot Terex electric bucket truck.
Based on a Class 7 (33,000 lb. GVWR) International eMV Series BEV, the Terex EV takes the eMV’s 291 kWh battery and adds the Terex Optima 55-foot aerial device and HyPower SmartPTO system to create a fully electrified utility service vehicle that can do anything its diesel counterparts can do while offering better, safer working conditions for utility crews.
“We’ve got 12 EVs,” said Gary Rossi, president and CEO, Enwin Utilities. That number represents fully 10% of the utility’s entire vehicle fleet. “Our centerpiece is our electric 55-feet bucket truck. It’s very quiet,” continues Rossi. “So (the truck) allows us, our crews, to communicate better. It’s not as loud in the community when they’re doing repairs in someone’s backyard.”
That notion is echoed by Terex, itself. The company says its HyPower SmartPTO (power take off), which replaces a mechanical PTO, avoids a loud idling engine while reducing workers’ exposure to toxic exhaust fumes.
“It’s all about building Windsor’s future and literally plugging into the battery factory down the road that is being constructed and showing that Windsor is a leader on this front,” says Drew Dilkens, Mayor of Windsor. “I don’t own an internal combustion engine vehicle,” adds Mayor Wilkins. “I only own two electric cars. My wife and I, we made the change starting in 2019 and I can’t see myself ever going back.”
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Enwin says its commitment to clean energy extends beyond its vehicle fleet. The company recently unveiled a massive MW solar rooftop net metering facility at its Rhodes Drive headquarters with over 3,000 solar panels. The site, one of Canada’s largest solar installations, generates enough clean electricity to power 300 homes annually.
Built by Damen Shipyards and the first fully electric tugboat to be deployed in the Middle East, the new RSD-E Tug 2513 Bu Tinah put in its record-breaking performance took place at Khalifa Port during ADIPEC, the world’s largest energy conference.
The RSD-E Tug 2513 is based on the already efficient hull design of the standard, diesel-powered RSD Tug 2513, but its new, fully electric propulsion arrangement enables it to offer zero emissions operations in situations where oil or fuel leakage would be – let’s say especially bad.
But, while the “clean” aspect of all-electric operation is obvious, its Guinness World Record of performance shows that the Damen RSD-E Tug 2513 is up to whatever task its owners put to it.
“This Guinness World Record achievement demonstrates that the transition to alternative energy does not come at the cost of performance,” explains Maritime & Shipping Cluster, AD Ports Group, Captain Ammar Mubarak Al Shaiba. “We are very proud that the first electric tug in the Middle East is also making waves on a global level with this accolade and the fact that in parallel it is improving the sustainability of our operations alongside cost efficiencies in terms of overall fuel saving is extremely important. This vessel is now a key component of our Marine Services fleet and our electrification strategy.”
To earn its record, the the Damen RSD-E Tug 2513 Bu Tinah recorded an average high peak bollard pull of 78.2 tonnes (about 86 ‘Murican tons). The record-setting tugboat can undertake a minimum of two towage operation on a single charge, and can be recharged on a marine DC fast charger in just two hours.
US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024.
Allison Robbert | AFP | Getty Images
President-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States.
Liberty Energy is an oilfield services company headquartered in Denver with a $2.7 billion market capitalization. The company’s stock gained nearly 9% on Nov. 6 after Trump won the U.S. presidential election, but its shares have since pulled back.
Wright serves on the board of Oklo, a nuclear power startup backed by OpenAI CEO Sam Altman that is developing micro reactors.
Wright will also serve on Trump’s Council of National Energy, the president-elect said Saturday. The council will be led by Trump’s pick for Interior Secretary, North Dakota Gov. Doug Burgum.
Wright has denied that climate change presents a global crisis that needs to be addressed through a transition away from fossil fuels.
“There is no climate crisis and we’re not in the midst of an energy transition either,” Wright said in a video posted on his LinkedIn page last year. “Humans and all complex life on earth is simply impossible without carbon dioxide. Hence the term carbon pollution is outrageous.”
“There is no such thing as clean energy or dirty energy,” Wright said. “All energy sources have impacts on the world both positive and negative.”
Trump described Wright as a “leading technologist and entrepreneur in the energy sector.”
“He has worked in Nuclear, Solar, Geothermal, and Oil and Gas,” the president-elect said in a statement Saturday.
“Most significantly, Chris was one of the pioneers who helped launch the American Shale Revolution that fueled American Energy Independence, and transformed the Global Energy Markets and Geopolitics,” Trump said.
The U.S. has produced more crude oil than any other country in history, including Russia and Saudi Arabia, since 2018, according to the Energy Information Administration.