48% of Volvo Automobiles’ Gross sales Now Plugin Automobiles — Globally

Join each day information updates from CleanTechnica on e mail. Or comply with us on Google Information!

Volvo Automobiles is one more automaker highlighting its EV gross sales progress final quarter. After just a few months of doom and gloom about “falling” EV gross sales — headline after headline after headline, to not point out real-world discussions — we positive are seeing a whole lot of automakers boast about booming EV gross sales final quarter.

Within the case of Volvo Automobiles, 48% of all of the automobiles it offered in June have been plugin automobiles! Its plugin automobile gross sales grew a whopping 41%. On the identical time, its general gross sales grew 8%. That tells us that Volvo’s non-plugin automobile gross sales really declined. Yay.

Simply full battery electrics (BEVs), these accounted for 36% of the companiess gross sales.

The Volvo Ex30, which has been an enormous hit in every single place it’s been launched, was highlighted as a key cause for the model’s EV gross sales leap.

Volvo Automobiles additionally famous that it was comparatively sturdy ends in Europe and Latin America which have pushed the expansion. In Europe, gross sales have been up tremendously, pushed by EVs. “In Europe, gross sales reached 36,474 automobiles in June, up 34 per cent in comparison with the identical interval final 12 months. The gross sales of Volvo Automobiles’ electrified fashions elevated by 54 per cent in comparison with the identical interval final 12 months, and the share of electrified fashions accounted for 66 per cent of all automobiles offered in Europe throughout June,” the corporate writes.

In China, Volvo gross sales have been down, however plugin gross sales have been once more up. “Volvo Automobiles’ gross sales in China reached 14,049 automobiles, down 9 per cent in comparison with June 2023. Gross sales of electrified fashions – absolutely electrical and plug-in hybrid fashions – stood at 1,448 offered automobiles, a rise of 12 per cent in comparison with the identical interval final 12 months. ”

The US market was an odd one. Initially, there was some large IT downtime I wasn’t even conscious of. Secondly, PHEV gross sales spiked up, however BEV gross sales presumably hit a little bit nosedive. Right here’s how Volvo summarized it: “Gross sales within the US decreased 28 % in June, totaling 9,304 automobiles. Nonetheless, gross sales of plug-in hybrid fashions went up 75 % in comparison with the identical interval final 12 months. The decline in US gross sales was partly because of widespread IT-related disturbances that beset 1000’s of dealerships throughout the trade through the month of June, forcing a halt to regular operations.”

It will be nice to get a little bit extra information on the BEV portion of gross sales in every market, however Volvo’s efficiency final month and final quarter was clearly improved an ideal deal by the Volvo EX30 BEV and by progress of BEV gross sales in some areas and PHEV gross sales in others.