Volkswagen Ams To Grow 40% In South America Through EV Subscriptions

06 Jul 2023 | Abstracted from Teslarati

"...The German automaker aims to grow the battery-electric vehicle (BEV) segment in the Brazilian market with the help of car subscriptions. Over 3,000 car subscriptions were taken out at Volkswagen in 2022. VW expects to raise its car subscriptions by 150% in 2023.

"South American automotive market will grow by 11% until 2030. VW plans to grow 40% in Brazil by launching 15 new electric and flex-fuel vehicles by 2025..."

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