Volvo hybrid sales increase 80%

Volvo hybrid sales increase 80%

July 28, 2020 0 By autotimesnews

This dynamic has allowed the Swedish brand to take one of the leading positions in the market for cars with an electrical component of the motor.

Volvo spoke about the sales of its hybrid vehicles. At the end of the first half of 2020, the sales of such cars increased by 80% at once compared to the same period last year. Thus, the brand is one of the leaders in the market for such cars with a share of about 20%.

Between January and the end of June, Volvo dealers in Europe were able to sell 123,198 new cars. Of these, 29,918 are plug-in hybrids, accounting for 24%. A year earlier, the number of cars sold with such a motor was two times less. If not for the coronavirus epidemic, the growth would have been even more significant.

Thus, Volvo is one of the brands that already in 2020 manages to put the sale of electrified cars on the stream. If we talk about cars with plug-in hybrid technology, then sales are even more significant – 37,775 cars versus 21,015 units. a year earlier.

The most popular among Europeans are the hybrid models V60 and XC40.
At the world’s largest Chinese car market, Volvo managed to sell 2,100 hybrid cars, which accounts for 3.2% of all brand sales. The S90 flagship sedan is the most popular here. By the end of the year, Volvo expects the share of hybrid car sales to reach 20%.

Earlier it became known that Volvo is considering the possibility of releasing the first coupe-like crossover. The novelty will immediately become the flagship, and one of the versions will be equipped with a fully electric power plant.