More than 10,000 people paid 1,000 euros ($1,120) each to be the first to own a limited-edition version of Volkswagen AG’s ID.3 electric hatchback.
The company’s IT systems were at times overloaded by the number of requests during the first day of reservations, Volkswagen said Thursday, with orders far exceeding expectations. Still, when Tesla started taking $1,000 deposits for the Model 3, more than 115,000 requests were made within the first 24 hours.