Volvo Vehicles reported its 14th consecutive month of development as international gross sales reached 59,861 vehicles in October, up 10 per cent in comparison with the identical interval final 12 months. The gross sales enhance was primarily pushed by the corporate’s absolutely electrical vehicles.
For the interval January-October 2023, the corporate offered 569,019 vehicles, which is eighteen per cent greater in comparison with the identical interval for 2022.
In October, Volvo Vehicles’ electrified Recharge fashions, with a totally electrical or plug-in hybrid powertrain, made up 36 per cent of all Volvo vehicles offered globally throughout the month. Gross sales of absolutely electrical vehicles grew by 29 per cent in comparison with the identical interval final 12 months and comprised 18 per cent of complete gross sales, which was 12 per cent in October 2022.
For Europe, gross sales grew to 24,892 vehicles, a rise of 13 per cent in comparison with the identical month final 12 months. Gross sales of Recharge vehicles accounted for 55 per cent of the full gross sales within the area.
Volvo Vehicles’ gross sales within the US grew 19 per cent in comparison with the identical month final 12 months, amounting to 11,296 vehicles. Gross sales of absolutely electrical vehicles grew 49 per cent and Recharge fashions constituted 27 per cent of all vehicles offered within the US throughout October.
Gross sales in China remained flat in October in comparison with the identical interval final 12 months, leading to 15,041 vehicles. Recharge vehicles grew by 27 per cent.
In October, the Volvo XC60 was the top-selling mannequin with gross sales reaching 20,212 (2022:17,531), adopted by the XC40, with complete gross sales at 17,022 vehicles (2022: 14,883 models), and XC90 at 7,961 vehicles (2022: 7,651 models).
OctoberOctoberJan-OctJan-Oct 20232022Change20232022Change Europe24,89222,03013percent233,661188,04624percentRecharge13,66314,287-4percent138,98995,60145% – Absolutely electric7,0096,17214percent59,77526,746123% – Plug-in hybrid6,6548,115-18percent79,21468,85515% China15,04115,0480percent138,969132,7925percentRecharge1,16691727percent12,2989,16834% – Absolutely electric23780196percent2,7682,02537% – Plug-in hybrid92983711percent9,5307,14333% US11,2969,47819percent103,42181,69427percentRecharge3,0412,52820percent29,38721,94334% – Absolutely electric1,24083549percent12,0835,100137% – Plug-in hybrid1,8011,6936percent17,30416,8433% Other8,6327,76111percent92,96880,77215percentRecharge3,4732,26553percent33,89721,86055% – Absolutely electric2,0031,06189percent16,4926,646148% – Plug-in hybrid1,4701,20422percent17,40515,21414% Total59,86154,31710percent569,019483,30418percentRecharge21,34319,9977percent214,571148,57244% – Absolutely electric10,4898,14829percent91,11840,517125% – Plug-in hybrid10,85411,849-8percent123,453108,05514%
Nov 3, 2023