VW’s 2022 supply of EVs is ‘basically sold out’ in the US and Europe

Volkswagen’s CEO, Herbert Diess, says that the company is “basically sold out on electric vehicles in Europe and in the United States” for the year, according to a report from the Financial Times. This means that anyone hoping to get an EV from VW, Audi, or any of the group’s other brands may have to wait until 2023, as the company tries to navigate the chip shortage and production issues from COVID shutdowns in China.

According to the report, VW expects its backlog of orders to keep growing. It currently has plenty of people on the list waiting to get an EV and expects to add more throughout the year. But supply chain issues will make those difficult to fill. Almost every automaker has had to halt or slow down production thanks to a lack of chips. Some have even resorted to stripping out features from their vehicles just to get them off the assembly line.