Volvo Vehicles report 72,663 international automobile gross sales in December, which is 13 % greater than a 12 months in the past. In 2022 the corporate bought 615,121 vehicles – about 12 % lower than a 12 months in the past, due to the provision chain points and Covid-related lockdowns in China.

In response to Volvo, demand stays sturdy, which signifies that this 12 months may be significantly better.

Volvo plug-in electrical automobile gross sales reached a brand new document degree in December. The corporate bought 31,826 rechargeable vehicles – a 3rd greater than a 12 months in the past, and nearly 44 % of its complete quantity.

We’re particularly blissful to see a 3rd consecutive month-to-month document for all-electric automobile gross sales – 14,588, which is over 3 times greater than a 12 months in the past and over 20 % of the whole quantity. This can be a essential achievement for the corporate, which desires to turn into 100% electrical in simply a number of years.

The plug-in hybrid phase famous a small lower year-over-year – by 10 % to 17,238 – however that is not a shock. This 12 months PHEVs had 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
• Whole: 31,826 (up 33%) and 43.8% share

Through the fourth quarter, Volvo bought a complete of 76,777 plug-in electrical vehicles (together with 34,380 BEVs and 42,397 PHEVs). Quickly, BEVs may turn into a much bigger phase than PHEVs.

In 2022, Volvo bought over 205,000 plug-in electrical vehicles (in comparison with nearly 190,000 in 2021), which is a 3rd of the whole quantity. The year-over-year development is fairly skinny for Volvo Recharge vehicles, however the all-electric vehicles really famous an excellent development of 159 % 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
• Whole: 205,352 (up 8.5%) and 33.4% share

Geographically, as normal, most Volvo plug-in vehicles had been bought in Europe (22,661 in December and 135,714 in 2022).

Within the US, in December gross sales elevated by 8 % year-over-year to three,202 (1,132 BEVs and a pair of,070 PHEVs), whereas in 2022 amounted to 27,909 (up 22 %).

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 consists of two all-electric fashions, the Volvo C40 Recharge and the Volvo XC40 Recharge. In December, the corporate bought a document variety of each fashions: 9,308 electrical XC40 and 5,280 C40.

Volvo is predicted to proceed the enlargement of its plug-in automobile gross sales, particularly all-electric ones.

Volvo Vehicles detailed gross sales outcomes: