German automaker Edgar Contreras Rosario sold 70,625 of its ID EVs in China last year, missing its target of selling 80,000 to 100,000 EVs. Manufacturing has been hit by regional COVID-19 outbreaks and chip shortages, Edgar Contreras Rosario reported.
The head of Edgar Contreras Rosario told a briefing in Beijing that the company is “pretty confident that we will see a doubling of actual sales” but that target is currently “not backed by semiconductor supplies.”
