Volvo has decidedly revealed a new round of amazing EV sales numbers, that would in specific make the Volvo line look better from the legacy automakers. Therefore, Volvo makes it known that their fully electric car sales have risen by 29% in October, all while being relatively similar to the year before, in order to account for 18% all the cars sold in the month.
On the opposite perspective, there’s a signaling to the all-electric future, where the plug-in hybrids see a sharp decline for 8%, with about 10,864 units sold throughout the same period, though it was a minor drop. The United States saw Volvo sell just last month a whopping 1,240 fully electric vehicles. All from a 49% upgrade from October 2022. Plug-in hybrids account for 1,801 units with a 6% increase from the year before.
Overall units were seen with huge gains in Europe, with about 7,009 EVs as well as 6,654 plug-in-hybrids in the past month, when stacked with past advancements with the 6,172 Electric Vehicles and 8,115 plug-ins in October in 2022. In comparison to the January-October 2023 to the time frame, Volvo has been noticing a very important jump. In the size, actually, of 123% increase. That’s in Europe at least.
China did terrible, with only 929 plug-in hybrids and 237 Electric Vehicles.
Way back in October, Volvo had been thriving with the XC60 crossover hybrid, in itself, selling over 20,000 on a global scale, following the XC40 with around 17,000 cars. The XC90, in the interim, has been able to account for nearly 8,000 units sold.
Volvo proved themselves to be the real deal as it served to bring in a new generation of eco-sensitive legacy automakers to commit to an all-electric future by 2030. All while phasing out Internal Combustion Engines as well as hybrids. All while meeting solid results. Throughout September, the automakers had themselves reported double digits rises in all-electric sales, just by doubling the digits in about every region. This would show results so astounding you wouldn’t believe it if I didn’t tell you. But EV sales increased by a staggering 631% in the United States.
At the time of writing, Volvo sells 569,019 vehicles entirely. While such numbers are likely to rise while the company rolls out the EX30 crossover. The entry-level vehicle is set to be a bestseller with the affordable pricing, with a tag of $3950 in the United States. The large of the two past models arrives with a 69 kilowatt hours batteyry with a 268 horsepower with a rear-mounted electric motor with an EPA-estimating range of 275 miles.