The scheduled arrival of the Volvo EX30 in the first quarter of 2024 means Volvo is poised to further increase its share in the fast growing EV market.
Who said there was no demand for electric cars around the world, and especially in emerging markets? A lot of recent promising and exciting developments from South Africa gave us a look at what is happening in some of these markets.
The news fittingly comes just ahead of World EV Day 2023 on the 9th of September, the fourth installment of a global celebration dedicated to highlighting the benefits of battery-powered cars and raising awareness around the need to transition to more sustainable methods of transport. For context, EV sales in South Africa in the first half of 2023 totaled 501 units, according to industry representative body, with the Swedish automaker leading the sales charge in the fully electric premium C-SUV segment thanks to the performances of the XC40 Recharge and C40 Recharge. The scheduled arrival of the EX30 in the first quarter of 2024 means Volvo is poised to further increase its share in the fast growing EV market.
“Since the EX30 was revealed, we have seen a steady flow of new orders weekly. Although we have already secured a high allocation of units for 2024, there’s an increasingly strong chance we will need to boost that figure,” saysHe adds that the early demand proves just how interested South African buyers are in EVs, particularly when such vehicles are both high-quality products and priced close to equivalent internal combustion engine cars.
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