LRS General Discussion, page-18289

Sales of EV's continues to shine even for VOLVO

In Europe, two-thirds of the brand's sales are rechargeable cars.Volvo Cars reported 71,514 global car sales in June, 8% more than a year ago. During the first six months of the year, sales amounted to 388,073, up 14% year-over-year.
Meanwhile, in June, Volvo's plug-in electric car sales increased by 41% year-over-year to a new record of 34,382. Rechargeable cars represented nearly half (48.1%) of the brand's total volume.
More importantly, Volvo's all-electric car sales almost doubled last month to a new record of 18,435 (up 93% year-over-year), taking a 25.8% share in Volvo's global volume. More than two-thirds of the EV sales happen to be Volvo EX30, which sells like hotcakes.“As June comes to a close, the sales figures for the month are proof of the successful steps we have taken toward our long-term strategic direction and the continued demand for our cars,” said Björn Annwall, chief commercial officer and deputy CEO at Volvo Cars. “I am particularly pleased by the continued strong sales performance of the EX30.”At the same time, plug-in hybrid car sales increased by just 7% year-over-year to nearly 16,000 units.

Volvo Recharge sales last month (YOY change):
BEVs: 18,435 (up 93%) and 25.8% share
PHEVs: 15,947 (up 7%) and 22.3% share
Total Recharge: 34,382 (up 41%) and 48.1% share