Volvo Automobiles USA studies that its automobile gross sales in the US elevated in July by 57 p.c year-over-year to 10,785. In the course of the first seven months of the yr, gross sales amounted to 70,535 (up 23% year-over-year).
Volvo’s plug-in electrical automobile gross sales had been additionally very stable. In July, the corporate offered 3,132 rechargeable vehicles (up 226 p.c year-over-year, however from a comparatively low base of July 2022, when lower than a thousand items had been offered). Plug-ins represented 29 p.c of the model’s complete quantity.
It is price noting that all-electric gross sales are rising shortly and step by step lowering the hole to plug-in hybrid vehicles (in June, BEVs had been even above PHEVs for the primary time).
Volvo plug-in automobile gross sales final month:
- BEVs: 1,255 (up 1,235% year-over-year) and 11.6% share
- PHEVs: 1,877 (up 117% year-over-year) and 17.4% share
- Complete Recharge: 3,132 (up 226% year-over-year) and 29.0% share
Up to now this yr, Volvo offered over 20,000 plug-in electrical vehicles within the US, which is roughly 29 p.c of the overall quantity. BEVs alone represents 12.6 p.c.
Volvo plug-in automobile gross sales year-to-date in 2023:
- BEVs: 8,858 (up 127% year-over-year) and 12.6% share
- PHEVs: 11,763 (down 9% year-over-year) and 16.7% share
- Complete Recharge: 20,621 (up 22% year-over-year) and 29.2% share
For reference, in 12 months of 2022, the overall quantity amounted to 27,909 (27.4 p.c of the overall quantity).
To additional improve all-electric automobile gross sales within the US, Volvo lately introduced the 2024 mannequin yr variations of the C40 Recharge And XC40 Recharge, that are noticeably extra engaging when it comes to specs than the present 2023 mannequin yr variations.
The imported Volvo fashions are usually not eligible for the $7,500 federal tax credit score, however the incentive is likely to be included within the lease charges.
Within the not too distant future, Volvo’s BEV lineup (XC40 Recharge and C40 Recharge) will probably be expanded by the all-new Volvo EX90 mannequin and the lately unveiled Volvo EX30. The subsequent-generation fashions are essential for Volvo’s plan to turn into 100% all-electric by 2030.
Michael Cottone, President, Volvo Automobile USA and Canada stated:
“Demand for Volvo vehicles continues to develop within the U.S. and Canada. After the profitable debut of our smallest ever SUV, the Volvo EX30, we’re wanting ahead to persevering with on the trail to being totally electrical.”