Volkswagen’s Q1 Results: EV Sales Surge, But R&D Costs Keep Profits Flat
Volkswagen reported flat Q1 2025 profits of €4.3 billion ($4.6 billion) as substantial investments in next-generation EV technology and digital platforms balanced out a strong 15% increase in electric vehicle sales, while overall revenue climbed 6% to €76 billion.
The automaker earmarked €4 billion for R&D in Q1, including its Scout Motors revival and a new battery plant in Spain. CEO Blume called it “a quarter of transition,” with 2025 poised for breakthroughs in autonomous driving.
Analysts praised VW’s long-term bets but warned of margin pressures until 2026. The stock was flat post-announcement.
