Volvo Automobiles report 72,663 international automobile gross sales in December, which is 13 p.c greater than a 12 months in the past. In 2022 the corporate offered 615,121 automobiles – about 12 p.c lower than a 12 months in the past, due to the provision chain points and Covid-related lockdowns in China.
In line with Volvo, demand stays strong, which signifies that this 12 months may be a lot better.
Volvo plug-in electrical automobile gross sales reached a brand new file degree in December. The corporate offered 31,826 rechargeable automobiles – a 3rd greater than a 12 months in the past, and virtually 44 p.c of its whole quantity.
We’re particularly comfortable to see a 3rd consecutive month-to-month file for all-electric automobile gross sales – 14,588, which is over 3 times greater than a 12 months in the past and over 20 p.c of the entire quantity. It is a crucial achievement for the corporate, which desires to grow to be 100% electrical in simply a number of years.
The plug-in hybrid phase famous a small lower year-over-year – by 10 p.c to 17,238 – however that is not a shock. This 12 months PHEVs have been down year-over-year, each single month.
Volvo Recharge consequence:
- BEVs: 14,588 (up 206%) and 20.1% share
- PHEVs: 17,238 (down 10%) and 23.7% share
- Complete: 31,826 (up 33%) and 43.8% share
In the course of the fourth quarter, Volvo offered a complete of 76,777 plug-in electrical automobiles (together with 34,380 BEVs and 42,397 PHEVs). Quickly, BEVs may grow to be an even bigger phase than PHEVs.
In 2022, Volvo offered over 205,000 plug-in electrical automobiles (in comparison with virtually 190,000 in 2021), which is a 3rd of the entire quantity. The year-over-year progress is fairly skinny for Volvo Recharge automobiles, however the all-electric automobiles truly famous an impressive progress of 159 p.c year-over-year to 66,749.
Volvo Recharge gross sales YTD:
- BEVs: 66,749 (up 159%) and 10.9% share
- PHEVs: 138,603 (down 15%) and 22.5% share
- Complete: 205,352 (up 8.5%) and 33.4% share
Geographically, as common, most Volvo plug-in automobiles have been offered in Europe (22,661 in December and 135,714 in 2022).
Within the US, in December gross sales elevated by 8 p.c year-over-year to three,202 (1,132 BEVs and a couple of,070 PHEVs), whereas in 2022 amounted to 27,909 (up 22 p.c).
In the meantime, plug-in electrical automobile gross sales in China elevated barely in December to 1,933, and to 12,215 in 2022.
When it comes to fashions, Volvo’s lineup contains two all-electric fashions, the Volvo C40 Recharge and the Volvo XC40 Recharge. In December, the corporate offered a file variety of each fashions: 9,308 electrical XC40 and 5,280 C40.
Volvo is predicted to proceed the growth of its plug-in automobile gross sales, particularly all-electric ones.
Volvo Automobiles detailed gross sales outcomes:
