Volvo Automobiles USA stories that its automotive gross sales in the US decreased in April by 4 % year-over-year to 9,611. In the course of the first 4 months of the 12 months, gross sales amounted to 36,094 (up 10.1% year-over-year).

Nonetheless, when it comes to plug-in electrical automotive gross sales, Volvo famous a major 33 % lower year-over-year to 2,946, which represents 30.7 % of the model’s complete quantity (in comparison with 44 % a 12 months in the past). The rationale for the lower seems to be the excessive base of April 2022, when the corporate set its all-time report of 4,421 items.

Probably the most attention-grabbing factor for us is that gross sales of all-electric Volvo automobiles elevated by 71 % year-over-year to a brand new report of 1,356 (14 % share). Gross sales of the plug-in hybrid fashions decreased by 56 % to 1,590 and, if nothing modifications, quickly Volvo might be promoting extra BEVs than PHEVs within the US.

Volvo plug-in automotive gross sales final month:

• BEVs: 1,356 (up 71% year-over-year) and 14.1% share
• PHEVs: 1,590 (down 56% year-over-year) and 16.5% share
• Whole Recharge: 2,946 (down 33% year-over-year) and 30.7% share

To this point this 12 months, Volvo offered within the US greater than 10,600 plug-in electrical automobiles (up 2 % year-over-year), which is roughly 30 % of the whole quantity. BEVs had been up 69 % year-over-year and, sooner relatively than later, ought to exceed PHEVs, which had been down 18 %.

Volvo plug-in automotive gross sales year-to-date in 2023:

• BEVs: 4,138 (up 69% year-over-year) and 11.5% share
• PHEVs: 6,519 (down 18% year-over-year) and 18.1% share
• Whole Recharge: 10,657 (up 2% year-over-year) and 29.5% share

For reference, in 12 months of 2022, the whole quantity amounted to 27,909 (22 % greater than a 12 months earlier).

To additional enhance all-electric automotive 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 when it comes to specs than the present 2023 mannequin 12 months variations.

Volvo’s lineup within the US contains 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 might be joined by the all-new Volvo EX90 mannequin, which might be produced domestically (alongside the Polestar 3).

By 2030, Volvo intends to extend all-electric automotive gross sales share to 100% (globally), in addition to enhance gross sales quantity to 1.2 million items yearly.