German automaker Audi registered a notable increase in vehicle sales in the first quarter of the year, thanks to the growing popularity of its battery electric vehicle (BEV) models. The carmaker’s Q1 2025 earnings report showed revenue of $16.6 billion, a 12.4% increase from Audi’s reported revenue in Q1 2024.
High demand for Audi EVs was largely responsible for the German company’s strong performance in the previous quarter, as Audi navigated volatility from recent geopolitical events and a weaker market outlook. Germany’s massive auto industry has been in crisis since last year, with the country’s struggling economy and declining demand for both electric and gas-powered vehicles.
Fortunately for Audi, increased BEV sales and an overall improved product mix allowed the Ingolstadt-based company to boost its revenue by 12.4% year over year, despite challenges such as geopolitical tensions, a less robust economic climate, and intensifying competition. The company recorded an operating profit of $580 million in Q1 2025, with a 3.5% return on sales and a net cash flow of -$66 million.
Audi’s return on sales was mostly impacted by a higher share of BEVs in the market, CO₂ regulation provisions, and rising costs of goods sold. The automaker delivered 46,371 EVs worldwide in Q1 2025, a 30.1% increase compared to its electric vehicle deliveries in Q1 2024. There was a substantial surge in demand for Audi electric cars across several countries, with France and Switzerland leading at +169% and +120%, respectively.
Audi EV sales in the Netherlands increased by 87%, Norway saw a 64% rise, and the company registered a 59% increase in EV sales in Germany. Overall, the German carmaker delivered 383,401 cars in the first quarter of 2025, 3.4% less than its total deliveries in Q1 2024.
According to Audi CEO Gernot Döllner, the company used the initial months of the year to reposition itself to boost flexibility, speed, and productivity at its German facilities. He noted that while the rest of the year will present significant challenges due to global economic volatility, Audi has already begun executing its strategy and is delivering on its objectives.
Chief Financial Officer (CFO) Jürgen Rittersberger said the Q1 2025 figures show that Audi must continue improving its competitiveness and efficiency. He added that the company would push forward with full strength, tackling challenges and implementing the necessary changes to reclaim its place at the forefront of the German auto industry.
With rising EV demand and ongoing internal reforms at the company, Audi may be able to maintain the momentum it gained in Q1 2025 and weather broader industry headwinds in 2025.
As legacy automakers improve the sales of their EV models, more prospects are likely to open up for battery makers like SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) focused on addressing the needs of different market segments in need of high-quality batteries and energy storage systems.
About GreenCarStocks
GreenCarStocks (“GCS”) is a specialized communications platform with a focus on electric vehicles (“EVs”) and the green energy sector. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled recognition and brand awareness. GCS is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from GreenCarStocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.GreenCarStocks.com
Please see full terms of use and disclaimers on the GreenCarStocks website applicable to all content provided by GCS, wherever published or re-published: https://www.GreenCarStocks.com/Disclaimer
GreenCarStocks
Los Angeles, CA
www.GreenCarStocks.com
310.299.1717 Office
Editor@GreenCarStocks.com
GreenCarStocks is powered by IBN
A recent report from Bloomberg has made a strong case for allowing Chinese vehicles into…
Just three months into his four-year term, Delaware Governor Matt Meyer has revealed that he…
2025 has been a pretty rough year for Tesla, the Texas-based electric vehicle (EV) manufacturer…
Several major carmakers have urged the U.S. Congress to override a 2035 electric vehicle mandate…
Switching to an electric car often seems like an incredibly costly endeavor. The average battery…
China’s Contemporary Amperex Technology Co., Limited (CATL) has launched a brand new lineup of sodium-ion…