Volvo U.S. Plug-In Car Sales Increased By 20% In October 2023

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Volvo U.S. Plug-In Car Sales Increased By 20% In October 2023
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In October, Volvo rechargeable car sales in the U.S. amounted to 3,041 (up 20% year-over-year), which is 26.9% of the brand's total volume.

Volvo Cars USA reports that its car sales in the United States increased in October by 19 percent year-over-year to 11,296. During the first ten months of the year, sales amounted to 103,421 . Volvo's plug-in electric car sales outpaced this growth, but only slightly. Last month, rechargeable car sales amounted to 3,041 , which is 26.9 percent of the brand's total volume.

BEVs alone represent 12 percent. Volvo plug-in car sales year-to-date : BEVs: 12,083 and 11.7% share PHEVs: 17,304 and 16.7% share Total Recharge: 29,387 and 28.4% share As we can see, all-electric cars are the main force of growth, as PHEVs are barely up in terms of volume, while their share actually decreased from over 20 percent a year ago to less than 17 percent this year. For reference, in 12 months of 2022, the total volume amounted to 27,909 . This year is already better than 2022.

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