Volkswagen set to massively expand online sales & finance for Electric Vehicles

The manufacturer said in a statement last week: “Online business will make a key contribution to the development of the new sales model and is currently being massively expanded.”

Reuters reports that the new sales model will be ready in time for its electric “ID” family which will debut in 2020. Rival electric carmakers like Tesla already offer direct online sales and over-the-air updates.

New digital distribution channels

Volkswagen plans to build 10 million electric cars based on its new modular MEB platform and is aiming for the launch of worldwide mass production towards the end of 2022. New digital distribution channels will help push vehicle sales.

“Volkswagen will develop a joint Internet platform which will handle the entire purchasing process through to contract conclusion, including financing, payment and even used car trade-ins,” the manufacturer announced, adding that the new sales outlet would work in partnership with its existing dealer organization.

Dealerships in Europe are due to sign a new contract by the end of November to enable Volkswagen to offer these new digital services.

The new sales platform will allow Volkswagen to offer the possibility of direct sales for the first time, and the brand intends to use this mainly to sell software and online services, Reuters reported.
Customers will apparently not have to visit one of the 5,400 dealers and service partners to access the new services.