In the reported three-month period, Volvo’s EV models together accounted for 49% of total deliveries, with BEVs representing 24% and PHEVs 25%. On February 4, Volvo Cars released its latest sales figures, reporting global deliveries of 177,830 vehicles in the three months from November 2025 through January 2026, down 7% from 191,601 units in the same period a year earlier. The Swedish automaker, majority-owned by Geely, also announced it will no longer publish monthly sales figures independently. Instead, it will report on rolling three-month totals to provide a more meaningful perspective on longer-term sales trends. Looking at product mix, electrified vehicles remain an important pillar of sales. Volvo’s sales data across different powertrains in the three months to the end of Jan 2026 In the reported three-month period, battery electric vehicles and plug-in hybrid models together accounted for 49% of total deliveries, with BEVs representing 24% and PHEVs 25%. Volvo said that strong performances from fully electric models such as the EX90 and EX30 have helped cushion the transition to electrification. On the product front, the company noted that the globally launched EX60 all-electric SUV, unveiled at the end of January, has attracted strong attention. The EX60 is Volvo’s first mid-size BEV built on the new SPA3 pure electric platform and is seen as the pure electric successor to the traditional XC60. Volvo EX60 Volvo also highlighted its XC70 long-range plug-in hybrid, now on sale in China, which continues to expand its presence in the rapidly growing electrified segment. The company previously said it plans to introduce the model later in Europe. The new XC70 debuted in China on September 26 last year, with four variants priced between RMB 269,900 and RMB 349,900 ($38,600–$50,000). Since its launch, the model has sold 14,199 units over three months in China, including 4,988 units in December 2025, making it the brand’s top-selling individual model in that period. Volvo XC70 Volvo said that all major markets have faced intensifying price competition over the past three months, and regulatory uncertainty in the U.S. has also weighed on sales expectations. By contrast, the China market has shown relative stability. The company previously disclosed that in December 2025, its mainland China deliveries reached 16,063 units, up 12.8% month-on-month, marking three consecutive months of sequential growth. For the full year 2025, Volvo sold a total of 149,166 vehicles in the mainland Chinese market.
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