Volvo Automobiles report 51,976 world automobile gross sales in April, which is 10 p.c greater than a 12 months in the past. In the course of the first 4 months of 2023, the corporate bought 214,914 vehicles (up 10 p.c year-over-year).

The expansion of plug-in electrical automobile gross sales is barely greater, however nothing fancy. Final month, Volvo bought 20,628 plug-ins, which was 14 p.c greater than a 12 months in the past and practically 40 p.c of the overall quantity.

A very powerful factor is that all-electric automobile gross sales nearly doubled to eight,830 (up 88 p.c year-over-year), which is 17 p.c of the overall quantity. It is nearer and nearer to matching plug-in hybrid automobile gross sales, which by the best way, proceed to lower (12 p.c in April, to 11,798).

Volvo Recharge outcome:

• BEVs: 8,830 (up 88%) and 17.0% share
• PHEVs: 11,798 (down 12%) and 22.7% share
• Whole: 20,628 (up 14%) and 39.7% share

Thus far this 12 months, Volvo plug-in automobile gross sales exceeded 88,000 (up 30 p.c year-over-year), which can also be 41 p.c of the overall quantity.

Volvo Recharge gross sales year-to-date:

• BEVs: 38,899 (up 137%) and 18.1% share
• PHEVs: 49,132 (down 4.5%) and 22.9% share
• Whole: 88,031 (up 30%) and 41.0% share

For reference, in 2022, Volvo bought over 205,000 plug-in electrical vehicles (in comparison with nearly 190,000 in 2021), which was a 3rd of the overall quantity.

This 12 months, Volvo Recharge automobile gross sales would possibly exceed 250,000 or possibly even attain 300,000, if the expansion accelerates to 50 p.c.

Geographically, as standard, most Volvo plug-in vehicles had been bought in Europe – 13,016 in April (up 28 p.c year-over-year), the place they characterize 63 p.c of the overall quantity.

In america, in April, plug-in automobile gross sales decreased by 33 p.c year-over-year to 2,946. That is about 31 p.c of the overall gross sales.

In the meantime, plug-in electrical automobile gross sales in China elevated by 86 p.c to 1,260 (about 10 p.c of the overall).

When it comes to fashions, Volvo’s lineup consists of two all-electric fashions, the Volvo C40 Recharge and the Volvo XC40 Recharge. In April, the corporate bought 5,625 electrical XC40s and three,205 C40s. Each fashions will quickly get new, more-capable variations (within the US particularly fascinating would be the rear-wheel drive possibility).

Volvo is anticipated to proceed the enlargement of its plug-in automobile gross sales, particularly all-electric ones. The subsequent massive factor would be the Volvo EX90 giant SUV with a 111-kilowatt-hour (kWh) battery. For individuals who desire smaller vehicles, the corporate hints at a smaller crossover EX30.

Volvo Automobiles detailed gross sales outcomes: