In a testament to the growing demand for electrified vehicles, Volvo Cars reported a significant uptick in global sales for November. The automaker achieved a 5% increase compared to the same month last year, totaling 66,977 cars sold worldwide. This growth was primarily fueled by strong performances in Europe and the United States, despite a decline in the Chinese market.
Europe Leads the Charge
European consumers demonstrated a robust appetite for Volvo's electrified models, with sales jumping by 20% year-on-year in November. These models accounted for an impressive 65% of all Volvo cars sold in the region during this period. The surge reflects a broader trend towards sustainable mobility solutions across Europe.
US Market Embraces Electrification
In the United States, Volvo saw a 5% increase in overall sales, with electrified vehicles playing a crucial role. Sales of these models shot up by 58%, driven largely by a remarkable 96% rise in plug-in hybrid vehicle purchases. This indicates a growing acceptance and enthusiasm for environmentally friendly automotive options among American consumers.
Challenges in China
Contrastingly, Volvo's sales in China experienced an 8% decline compared to November of the previous year. However, it's worth noting that even in this challenging market, sales of Volvo's electrified models rose by 38%, underscoring their potential appeal even amidst broader market difficulties.
Electrified Models Make Their Mark
Volvo's commitment to electrification is evident, with fully electric and plug-in hybrid models showing a combined growth of 40% globally over the past year. These vehicles represented nearly half of all Volvo cars sold in November. Notably, fully electric cars alone accounted for 21% of total sales, highlighting their increasing popularity among consumers.
Zdroj: Volvo - media.volvocars.com