Volvo Plug-In Car Sales Increased 31% In January 2023 via insideevs.com
Volvo Cars report 48,520 global car sales in January, which is 2 percent more than a year ago, but still some 19 percent less than in 2021.
The good news is that plug-in electric car sales continue to increase at a healthy rate. Last month, Volvo sold 19,742 rechargeable cars , which represents 40.7 percent of the total. That's the third consecutive result above 40 percent. More importantly, all-electric car sales increased by almost 152 percent year-over-year to 7,874. BEV sales are still lower than PHEV sales , but considering that plug-in hybrids are in the red for 13 consecutive months, it should not take too long to match and exceed plug-in hybrids.Total: 19,742 and 40.7% shareFor reference, in 2022, Volvo sold over 205,000 plug-in electric cars , which was a third of the total volume.Total: 205,352 and 33.
This year, the Volvo Recharge car sales might exceed 250,000 or maybe even reach 300,000, if the growth would accelerate to 50 percent. Geographically, as usual, most Volvo plug-in cars were sold in Europe . In the US, in January, sales increased by 24 percent year-over-year to 2,370 . Meanwhile, plug-in electric car sales in China increased by 10 percent to 1,258.
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