In August, Volvo global plug-in electric car sales increased by 78% year-over-year to 17,005, which is 32.9% of the total volume.
Volvo Cars reported 51,636 global car sales in August, which is 18 percent more than a year ago. During the first eight months of 2023, the company sold 447,492 cars .plug-in electric car sales increased by 78 percent year-over-year to 17,005, which is 32.9 percent of the total volume .
August was a relatively slow month, but the growth remains strong. In the case of all-electric cars, sales increased by 167 percent year-over-year to 6,660 units. Plug-in hybrid car sales also increased, by 46 percent year-over-year to 10,345. Considering the previous trends, now we should see better sales through the end of the year, potentially including some new records.PHEVs: 10,345 and 20.0% shareSo far this year, Volvo plug-in car sales amounted to over 172,000 cars , which is also 38.5 percent of the total volume.Total: 172,125 and 38.5% shareThis year, Volvo Recharge car sales should easily exceed 250,000, and maybe even reach 300,000.
Geographically, as usual, most Volvo plug-in cars were sold in Europe - 10,182 in August , representing 60 percent of the total volume.. That's about 25 percent of the total sales. In China, Volvo plug-in electric car sales remain relatively low at 1,125 units. Not only that, the volume decreased by 16 percent year-over-year.
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