What was Volvo Cars' December sales performance?

Volvo Cars sold 75,049 cars in December, a 2% increase compared to the previous year.

How did electric vehicle sales perform for Volvo Cars in December?

Sales of fully electric cars for Volvo Cars rose by 28% year-on-year in December.

Which regions saw growth for Volvo Cars in December?

Volvo Cars reported growth across key regions in December, driven by electric and hybrid sales.

Home / Business and Economy / Volvo Cars Sees December Sales Surge on EV Demand

Volvo Cars Sees December Sales Surge on EV Demand

7 Jan

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Summary

Volvo Cars reported a 2% increase in December sales compared to the previous year.
Sales of fully electric vehicles jumped significantly by 28% year-on-year.
Electrified car sales, including hybrids, saw a 6% rise in the same period.

Volvo Cars Sees December Sales Surge on EV Demand

Volvo Cars concluded the year with a notable sales performance in December, marking a 2% increase over the previous year. The company's commitment to electrification is clearly reflected in its sales figures, with fully electric vehicles experiencing a substantial 28% year-on-year rise. Overall sales for electrified models, encompassing both fully electric and plug-in hybrid vehicles, climbed by 6%.

This upward trend in sales was observed across key global markets. Executives expressed satisfaction with this growth, attributing it directly to the increasing popularity of their electric and plug-in hybrid models. Despite facing a market that remains under considerable pressure, the company is encouraged by the positive reception of its new electric products.

Specific models like the EX90 and EX30 were highlighted for their contribution to the increased deliveries of fully electric cars. This performance underscores Volvo Cars' strategic focus on transitioning to electric mobility and its success in navigating a competitive automotive landscape.