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Volvo Vehicles USA studies that its automobile gross sales in the US elevated in June by 53 p.c year-over-year to 12,933. Through the first six months of the 12 months, gross sales amounted to 59,750 (up 18% year-over-year).
Volvo‘s plug-in electrical automobile gross sales additionally elevated in June, reaching 3,793 models (up 79 p.c year-over-year), which was the second-highest month-to-month outcome ever. Rechargeable automobiles represented greater than 29 p.c of the model’s whole quantity.
Probably the most fascinating issues is gross sales of all-electric automobiles, which amounted to 2,123 (up 284 p.c year-over-year). That is the brand new all-time file for BEVs.
Not solely that, for the very first time, Volvo all-electric automobile gross sales had been larger than plug-in hybrid automobile gross sales. PHEVs are struggling this 12 months, which signifies that we should always accustom ourselves tothe scenario when BEVs are in cost.
Volvo plug-in automobile gross sales final month:
- BEVs: 2,123 (up 284% year-over-year) and 16.4% share
- PHEVs: 1,670 (up 7% year-over-year) and 12.9% share
- Whole Recharge: 3,793 (up 79% year-over-year) and 29.3% share
Through the second quarter of 2023, Volvo offered within the US 9,778 new plug-in electrical automobiles (one p.c lower than a 12 months in the past). Nonetheless, with regards to BEVs, the results of 4,821 models was 124 p.c larger than a 12 months in the past.
Thus far this 12 months, Volvo offered nearly 17,500 plug-in electrical automobiles within the US, which is roughly 29 p.c of the full quantity. BEVs had been up one hundred pc year-over-year, greater than compensating for the decline of PHEVs.
Volvo plug-in automobile gross sales year-to-date in 2023:
- BEVs: 7,603 (up 100% year-over-year) and 12.7% share
- PHEVs: 9,886 (down 18% year-over-year) and 16.5% share
- Whole Recharge: 17,489 (up 10% year-over-year) and 29.3% share
For reference, in 12 months of 2022, the full quantity amounted to 27,909 (27.4 p.c of the full quantity).
To additional enhance all-electric automobile gross sales within the US, Volvo lately introduced the 2024 mannequin 12 months variations of the C40 Recharge And XC40 Recharge, that are noticeably extra enticing by way of specs than the present 2023 mannequin 12 months variations.
The imported Volvo fashions are not eligible for the $7,500 federal tax credit score, however the incentive may be included within the lease charges.
| Mannequin | Base Value | Dest. Cost | Tax Credit score | Efficient Value |
| 2023 Volvo C40 Recharge 19-inch | $55,300 | +$1,095 | N/A | $56,395 |
| 2023 Volvo XC40 Recharge 19-inch | $53,550 | +$1,095 | N/A | $54,645 |
| Mannequin | Drive | Battery (kWh) |
EPA Vary |
0-60 mph (sec) |
Prime Velocity |
| 2023 Volvo C40 Recharge 19-inch | AWD | 78 | 226 mi (364 km) |
4.5 | 112 mph (180 km/h) |
| 2023 Volvo XC40 Recharge 19-inch | AWD | 78 | 223 mi (359 km) |
4.7 | 112 mph (180 km/h) |
| 2024 Volvo C40 Recharge RWD 19-inch | RWD | 82 | 297 mi* (478 km) |
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| 2024 Volvo C40 Recharge AWD 19-inch | AWD | 78 | 257 mi* (414 km) |
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| 2024 Volvo XC40 Recharge RWD 19-inch | RWD | 82 | 293 mi* (471 km) |
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| 2024 Volvo XC40 Recharge AWD 19-inch | AWD | 78 | 254 mi* (409 km) |
* estimated/unofficial values
Volvo’s lineup within the US consists of solely electrified fashions (delicate hybrid, hybrid, plug-in hybrid, or all-electric), together with two BEVs (XC40 Recharge and C40 Recharge). Within the close to future, the lineup shall be joined by the all-new Volvo EX90 mannequin, which shall be produced regionally (alongside the Polestar 3) and the lately unveiled Volvo EX30.
By 2030, Volvo intends to extend all-electric automobile gross sales share to 100% (globally), in addition to enhance gross sales quantity to 1.2 million models yearly.
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