Volvo Automobiles report 51,976 international automotive gross sales in April, which is 10 % greater than a yr in the past. Throughout the first 4 months of 2023, the corporate offered 214,914 vehicles (up 10 % year-over-year).

The expansion of plug-in electrical automotive gross sales is barely increased, however nothing fancy. Final month, Volvo offered 20,628 plug-ins, which was 14 % greater than a yr in the past and practically 40 % of the overall quantity.

An important factor is that all-electric automotive gross sales nearly doubled to eight,830 (up 88 % year-over-year), which is 17 % of the overall quantity. It is nearer and nearer to matching plug-in hybrid automotive gross sales, which by the best way, proceed to lower (12 % in April, to 11,798).

Volvo Recharge end result:

• BEVs: 8,830 (up 88%) and 17.0% share
• PHEVs: 11,798 (down 12%) and 22.7% share
• Complete: 20,628 (up 14%) and 39.7% share

To this point this yr, Volvo plug-in automotive gross sales exceeded 88,000 (up 30 % year-over-year), which can also be 41 % of the overall quantity.

Volvo Recharge gross sales year-to-date:

• BEVs: 38,899 (up 137%) and 18.1% share
• PHEVs: 49,132 (down 4.5%) and 22.9% share
• Complete: 88,031 (up 30%) and 41.0% share

For reference, in 2022, Volvo offered over 205,000 plug-in electrical vehicles (in comparison with nearly 190,000 in 2021), which was a 3rd of the overall quantity.

This yr, Volvo Recharge automotive gross sales may exceed 250,000 or perhaps even attain 300,000, if the expansion accelerates to 50 %.

Geographically, as ordinary, most Volvo plug-in vehicles had been offered in Europe – 13,016 in April (up 28 % year-over-year), the place they signify 63 % of the overall quantity.

In the US, in April, plug-in automotive gross sales decreased by 33 % year-over-year to 2,946. That is about 31 % of the overall gross sales.

In the meantime, plug-in electrical automotive gross sales in China elevated by 86 % to 1,260 (about 10 % of the overall).

By way of fashions, Volvo’s lineup consists of two all-electric fashions, the Volvo C40 Recharge and the Volvo XC40 Recharge. In April, the corporate offered 5,625 electrical XC40s and three,205 C40s. Each fashions will quickly get new, more-capable variations (within the US particularly attention-grabbing would be the rear-wheel drive possibility).

Volvo is predicted to proceed the growth of its plug-in automotive gross sales, particularly all-electric ones. The subsequent massive factor might be the Volvo EX90 massive SUV with a 111-kilowatt-hour (kWh) battery. For many who favor smaller vehicles, the corporate hints at a smaller crossover EX30.

Volvo Automobiles detailed gross sales outcomes: