Rechargeable cars represent more than a quarter of the total sales.

us: volvo plug-in car sales returned to growth in october 2022

Volvo Cars reports its first increase in car sales in the US for quite some time. In October, the company sold 9,478 units, which is 8.9% more than a year ago. So far this year, the company sold over 81,000 cars, which is 27% less than in 2021 at this point.

Plug-in electric car sales also returned to growth last month, which indicates that supply finally improved.

In October, a total of 2,528 Volvo plugs-in were sold, which is 20% more than a year ago and 26.7% of the total volume. In California, Volvo Recharge’s share is nearly 50%.

It’s worth noting that both BEV and PHEV sales improved year-over-year (after several months of decline), which hopefully will continue in the following months.

Volvo plug-in car sales:

  • BEVs: 835 (up 3% year-over-year) and 8.8% share
  • PHEVs: 1,693 (up 31% year-over-year) and 17.9% share
  • Total Recharge: 2,528 (up 20% year-over-year) and 26.7% share

Volvo Recharge sales in the US – October 2022

us: volvo plug-in car sales returned to growth in october 2022

So far this year, Volvo sold in the US over 21,000 plug-in cars, which represents about a quarter of the total volume.

Volvo plug-in car sales year-to-date in 2022:

  • BEVs: 5,100 (down 2% year-over-year) and 6.2% share
  • PHEVs: 16,843 (up 31% year-over-year) and 20.6% share
  • Total Recharge: 21,943 (up 21% year-over-year) and 26.9% share

For reference, during the 12 months of 2021, Volvo sold in the US over 22,000 plug-in cars.

Volvo’s goal is to reach a 100% share of all-electric car sales globally by 2030, combined with an increase in sales volume to 1.2 million units annually.

The company is advancing to achieve the goal, but for the real turning point and acceleration of electrification efforts, we will probably have to wait until 2023, when the all-new BEVs will enter the market.

Currently, Volvo offers in the US only electrified models (mild hybrid, hybrid, plug-in hybrid or all-electric), including two BEVs (XC40 Recharge and C40 Recharge). In 2023, Volvo will launch an electric successor to the outgoing Volvo XC90 – the Volvo EX90 (it will have also a Polestar cousin).

Keyword: US: Volvo Plug-In Car Sales Returned To Growth In October 2022

CAR'S NEWS RELATED

Volvo Global Plug-In Car Sales Rebound To 20,000 In October 2022

All-electric cars for the very first time captured 15% share of the Volvo's sales.

View more: Volvo Global Plug-In Car Sales Rebound To 20,000 In October 2022

2024 Volvo EX90 Bows As Tech-Packed EV Equivalent Of XC90 SUV

The XC90 has been a global success for Volvo, so the EX90 has big shoes to fill.

View more: 2024 Volvo EX90 Bows As Tech-Packed EV Equivalent Of XC90 SUV

2024 Volvo EX90 EV: Everything You Need To Know

We attended the EX90 live unveiling in Stockholm and talked to some of the key people who created it.

View more: 2024 Volvo EX90 EV: Everything You Need To Know

Volvo CEO Says EVs May Cost Same As Similar Gas Cars By 2025

Is this likely to be the case for just Volvo and rival luxury brands, or across the board? There are clearly many variables at stake.

View more: Volvo CEO Says EVs May Cost Same As Similar Gas Cars By 2025

2024 Volvo EX90: InsideEVs First Look Debut

We get an early look at the electric equivalent of the XC90, called Volvo EX90.

View more: 2024 Volvo EX90: InsideEVs First Look Debut

Macron hosts BMW and Volvo execs as they consider moving operations to the U.S.

PARIS — French President Emmanuel Macron on Monday will host a dinner with a number of European chief executives to convince them not to move production to the United States, where lower energy prices and the Inflation Reduction Act is proving a lure. European leaders have been alarmed by ...

View more: Macron hosts BMW and Volvo execs as they consider moving operations to the U.S.

Check Out EV News From Volvo, Lucid And BMW: Top EV News Nov 18, 2022

The time has come to share some of the top EV news stories so you can encourage your friends and family to get into an electric car.

View more: Check Out EV News From Volvo, Lucid And BMW: Top EV News Nov 18, 2022

Poland partners with Volvo owner Geely for first locally-made EV

WARSAW: Poland picked Zhejiang Geely Holding Group Co. as a partner to build it first electric car, betting that the popularity of plug-in vehicles in the European Union’s largest eastern economy will grow rapidly over the coming years. The deal between state-controlled ElectroMobility Poland SA and the Chinese auto ...

View more: Poland partners with Volvo owner Geely for first locally-made EV

Volvo S60 delisted from India website; discontinued?

Volvo V90 Cross Country revealed in Sweden

Federal Auto Cars certified as first local Volvo Certified Damage Repair centre

Swedish Tesla? Why Volvo's all-electric gamble is worth the risk | Opinion

Volvo Cars appoints Nick Gronenthal as Head of Design, Volvo Car USA

Volvo partners with truck stop chain to develop heavy-duty EV charging network

Tested: 2023 Volvo S60 Recharge Makes the Leap

Volvo Cars becomes founding member of Accelerating to Zero Coalition, calls for more climate action from governments

Volvo Cars NZ reveals EV ambitions

Volvo Trucks expands HPC network with Pilot Company

‘The world isn’t ready for a £100k Volvo’

Volvo wants its electric cars to cost the same as combustion counterparts by 2025

OTHER CAR NEWS

;
Breaking thailand news, thai news, thailand news Verified News Story Network