5 Auto Companies that Sold the Most EVs in 2021

3. Volkswagen AG (OTC:VWAGY)

Number of Hedge Fund Holders: N/A  

Total Number of EVs Sold in 2021: 451,131 

Volkswagen AG (OTC:VWAGY) is a German car manufacturer. In early December, Deutsche Bank analyst Tim Rokossa maintained a Buy rating on the stock with a price target of EUR 210. Volkswagen AG (OTC:VWAGY) recently announced that the Lamborghini brand, one of the most iconic car brands in the world, would release four new models this year that would be the last fuel-only models. Starting 2023, these cars would go hybrid and then fully electric. 

On December 9, Volkswagen AG (OTC:VWAGY) had announced that a new $395 million investment plan by the firm to develop new tech and energy efficient cars would also include a push to expand into new markets with electric trucks and buses. Roberto Cortes, the head of the commercial vehicle segment of Volkswagen AG (OTC:VWAGY), expects bus sales to pick up in 2022 after a slow 2021.