Volvo Vehicles: Electrical Vehicles = 5.7% of Its Gross sales in August

Volvo Vehicles has one of the crucial aggressive EV transition plans among the many legacy automakers. It plans to promote solely totally electrical automobiles worldwide by 2030. Final yr, 70-year-old Volvo Cars CEO Håkan Samuelsson said, “I’m completely satisfied there will likely be no clients who actually wish to stick with a petroleum engine.” Simply 8 years away from that time, the corporate is way from 100% electrical, but it surely’s stepping into the appropriate path.

The newest gross sales report from Volvo Cars exhibits that 5.7% of the corporate’s international auto gross sales have been totally electrical auto gross sales in August. Plugin autos general (Volvo’s Recharge autos) accounted for 21.9% of gross sales.

In Europe, 47.8% of Volvo Vehicles gross sales have been Recharge fashions in August, 10.6% have been full electrics. In August, full electrical gross sales have been up 89.6%. In January–August, they have been up 70.8%.

Within the USA, these figures have been 27.8% (Recharge fashions) and 6.3% (full electrics). Sadly, full electrical gross sales have been down dramatically within the USA in August (down 70.9%, from 708 to 206 gross sales). Within the first 8 months of the yr general, they have been up barely (4.5%, from 3,935 to 4,111).

China, surprisingly, is the place Volvo Vehicles just isn’t doing as nicely on this regard. In August, 7% of the corporate’s gross sales have been Recharge fashions, whereas just one.7% have been totally electrical. That mentioned, full electrics went from 52 in August 2021 to 492 in August 2022 (a rise of 846.2%), and for January–August, they went from 373 to 1,720 (a rise of 361.1%).

Virtually throughout the board, plugin hybrid gross sales have been down yr over yr. It was solely January–August gross sales within the US that that they had a year-over-year improve (36%).

Whereas the Europe, USA, and China numbers are fascinating, the “different markets” numbers have been most fascinating of all. In August, full electrics have been up 192.3% (from 117 to 342 — small numbers, to be truthful). Within the first 8 months of 2022, they have been up 1128.7%! That was going from 404 (virtually nothing) to 4,964.

Another ideas on these Volvo Vehicles numbers?

You may see that Volvo Vehicles gross sales have been down general 4.6% in August and a whopping 21.5% in January–August.

Associated: Volvo CEO: Totally Convinced No One Will Want A Gas Car In 2030

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