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Volvo’s global sales up 33% in June, quadruples sales of pure electric cars

Volvo Cars announced today that driven by the surge in sales of pure electric vehicles, global sales in June increased by 33% year-on-year to 66,379 vehicles. Among them, the sales of pure electric vehicles were 9,535, an increase of 346%.


▲ Picture source Volvo official micro

In addition to the impact of the surge in sales of electric vehicles, Volvo also said that last June’s figures were negatively affected by supply chain constraints, resulting in a significant decline in production.

Volvo Cars also said its total car sales in Europe, its largest market, rose 70% in June and in the U.S. by 53%, although sales in China fell.

According to data released by Volvo Cars official Weibo, from January to June, Volvo Cars sold a total of 78,194 vehicles in mainland China, an increase of 11.7% year-on-year, and its market share showed a steady increase. Among them, Volvo XC60 sold 30,040 units, a year-on-year increase of 13.1%; Volvo XC90 sold 9,764 units, a year-on-year increase of 14.7%, and the Volvo S90 sold 18,393 units, a year-on-year increase of 40%.

As of press time, Volvo’s share price was temporarily quoted at 219.9 Swedish kronor, a slight drop of 0.11%.

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James Lopez
James Lopezhttps://www.techgoing.com
James Lopez joined Techgoing as Senior News Editor in 2022. He's been a tech blogger since before the word was invented, and will never log off.

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