Volvo Extra Than Doubled Plug-In Automobile Gross sales In June 2023

Volvo Automobiles stories 66,379 world automobile gross sales in June, which is 33 p.c greater than a 12 months in the past. Through the first six months of 2023, the corporate bought 341,691 vehicles (up 17 p.c year-over-year).

In the meantime, plug-in electrical automobile gross sales greater than doubled final month. Volvo stories 24,420 plug-in automobile gross sales in June (up 129 p.c year-over-year), which represented virtually 37 p.c of the whole quantity.

It is value noting that the corporate is rapidly rising its all-electric automobile gross sales – in June by 346 p.c year-over-year to 9,535 – so it is only a matter of time when BEVs will word increased outcomes than PHEVs.

Talking of plug-in hybrids, their gross sales additionally elevated final month, reaching 14,885 items (up 75 p.c year-over-year).

Volvo Recharge gross sales outcomes final month:

  • BEVs: 9,535 (up 346%) and 14.4% share
  • PHEVs: 14,885 (up 75%) and 22.4% share
  • Whole: 24,420 (up 129%) and 36.8% share

Through the second quarter of 2023, Volvo bought 69,015 plug-in electrical vehicles (up 56 p.c year-over-year).

To date this 12 months, Volvo plug-in automobile gross sales amounted to over 136,000 (up 45 p.c year-over-year), which can also be 40 p.c of the whole quantity.

Volvo Recharge gross sales year-to-date:

  • BEVs: 59,260 (up 167%) and 17.3% share
  • PHEVs: 77,158 (up 8%) and 22.6% share
  • Whole: 136,418 (up 45%) and 39.9% share

For reference, in 2022, Volvo bought over 205,000 plug-in electrical vehicles, which was 33 p.c of the whole quantity.

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


Geographically, as traditional, most Volvo plug-in vehicles have been bought in Europe – 15,708 in June (up 189 p.c year-over-year), representing 58 p.c of the whole quantity.

In June, plug-in automobile gross sales elevated by 79 p.c year-over-year to three,793 in the USA. That is about 29 p.c of the whole gross sales.

In the meantime, in China, plug-in electrical automobile gross sales elevated by 92 p.c to 1,294 (about 7 p.c of the whole).

When it comes to fashions, Volvo’s lineup contains two all-electric fashions, the Volvo C40 Recharge and the Volvo XC40 Recharge. Each will quickly get new, more-capable variations (within the US particularly fascinating would be the rear-wheel drive possibility). In June, Volvo XC40 Recharge gross sales amounted to five,352, in comparison with 4,173 Volvo C40 Recharge.

Subsequent within the pipeline are the all-new Volvo EX90 and Volvo EX30, that are anticipated to considerably enhance BEV’s share within the complete gross sales – doubtlessly to over 50 p.c.

Volvo Automobiles detailed gross sales outcomes: