Volvo Cars report 63,132 global car sales in March, which is 7.6 percent more than a year ago. In the first quarter of 2023, sales amounted to 162,938 .sold 26,983 plug-ins, which is the second best result ever and a 29 percent increase year-over-year. Not only that, the Volvo Recharge share increased to 42.7 percent of the total volume.
This outstanding growth is the direct result of booming all-electric car sales. In March, 12,621 new battery-electric vehicle cars were sold , which is 20 percent of the total volume. In other words, every fifth new Volvo was all-electric.On the contrary, plug-in hybrids noted a nearly 8 percent decrease year-over-year to 14,362. It seems that soon BEVs will sell better than PHEVs.Total: 26,983 and 42.
Why the deceptive headlines?