Volkswagen’s ID Buzz has been a very long time coming. From the primary exhibiting of the unique ID Buzz idea to its predicted on-sale date, it’s been seven lengthy years. Now with the ID Buzz’s summer season 2024 on-sale date getting shut, VW’s CEO spoke briefly about how gross sales will play out.

Talking to Motor Pattern on the Chicago Auto Present, VW president and CEO Pablo Di Si mentioned how the corporate is anticipating demand for the ID Buzz to be excessive. And since that demand could be greater than seller provides of the ID Buzz, VW received’t be accepting reservations for it. Di Si defined that reservations have been hassle prior to now, so that they’re nonetheless determining simply how seller allocations are going to go.

“Demand shall be considerably larger than provide so I don’t wish to upset any clients,” Di Si says, however reservations have solely prompted issues prior to now and won’t be used for the sale of the ID Buzz. Each U.S. seller will be capable of promote the ID Buzz, however the formulation for allocation remains to be being labored out. The continued dialogue is figuring out if allocation ought to be a proportion of electrical automobile gross sales, or whole gross sales, or based mostly on market share, or customer support.

Di Si additionally addressed markups…by probably not addressing them. Motor Pattern talked about that Di Si mentioned he’s involved about worth gouging at sellers, however didn’t say whether or not or not something shall be carried out to stop it from taking place.

The CEO mentioned it’s a subject that has already been raised with sellers; the significance of not jacking costs larger than the really helpful sticker worth for the three-row model that shall be bought in North America.

So basically, prepare for VW to closely frown upon the inevitable seller markups.

As for VW’s different plans, prepare for a slew of EVs to hit the market. VW is planning to unleash 25 new EVs in North America by 2030; the ID Buzz is the primary of those fashions. It’ll go on sale in June with a rumored beginning worth of at or simply above $60,000.