Volvo Automobiles has one of the aggressive EV transition plans among the many legacy automakers. It plans to promote solely totally electrical vehicles worldwide by 2030. Final 12 months, 70-year-old Volvo Automobiles CEO Håkan Samuelsson mentioned, “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, nevertheless it’s moving into the fitting course.
The newest gross sales report from Volvo Automobiles exhibits that 5.7% of the corporate’s world auto gross sales had been totally electrical auto gross sales in August. Plugin automobiles total (Volvo’s Recharge automobiles) accounted for 21.9% of gross sales.
In Europe, 47.8% of Volvo Automobiles gross sales had been Recharge fashions in August, 10.6% had been full electrics. In August, full electrical gross sales had been up 89.6%. In January–August, they had been up 70.8%.
Within the USA, these figures had been 27.8% (Recharge fashions) and 6.3% (full electrics). Sadly, full electrical gross sales had been down dramatically within the USA in August (down 70.9%, from 708 to 206 gross sales). Within the first 8 months of the 12 months total, they had been up barely (4.5%, from 3,935 to 4,111).
China, surprisingly, is the place Volvo Automobiles isn’t doing as effectively on this regard. In August, 7% of the corporate’s gross sales had been Recharge fashions, whereas just one.7% had 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%).
Nearly throughout the board, plugin hybrid gross sales had been down 12 months over 12 months. It was solely January–August gross sales within the US that they’d a year-over-year improve (36%).
Whereas the Europe, USA, and China numbers are fascinating, the “different markets” numbers had been most fascinating of all. In August, full electrics had been up 192.3% (from 117 to 342 — small numbers, to be truthful). Within the first 8 months of 2022, they had been up 1128.7%! That was going from 404 (virtually nothing) to 4,964.
Some other ideas on these Volvo Automobiles numbers?
You possibly can see that Volvo Automobiles gross sales had been down total 4.6% in August and a whopping 21.5% in January–August.
Associated: Volvo CEO: Completely Satisfied No One Will Need A Fuel Automobile In 2030
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