Electric Volvos are selling (very) well

Electric Volvos are selling (very) well


Volvo has developed its latest diesel car, and it continues its transition to 100% electric more than ever. A strategy that seems to be paying off since the brand recorded sales in the first quarter of 2024!

Volvo is at a historic turning point in its life.

Volvo sees an electric future only

Formerly a diesel and turbo specialist, the brand took a strategic turn this year, announcing a few days ago that it had released Its latest model has a diesel engine, the XC90 2.0L turbowhich will soon be on display at the Volvo Word Museum in Gothenburg, Sweden.
It is very symbolic, as this decision shows the new direction that the brand wants to take in the coming years: to move from all oil, to. no longer produces, by 2030, 100% electric models..
The Swedish group is making good progress on the subject: from 2020, it released its XC40 (now called EX40) in the Recharge version, 100% electric. Followed in 2021 by the C40 (now EC40) crossover, then in 2023 compact EX30the grand SUV family EX90 (similar to the hot XC90) and EM90, the first minivan in the history of the brand, which unfortunately will not be sold here.
In 2025 and 2026, the S60 and S90 sedans will be updated into a new, electrified generation: the ES60 and ES90. Meanwhile, its sister brand Polestar continues, and already has two electric models in its portfolio (Polestar 2 and 3), and an electric sedan planned for this year, the Polestar 4.

Record sales, powered by electricity

These strategic changes already seem to be bearing fruit, as Volvo announces record figures in the first quarter of 2024! 182,697 vehicles were sold worldwide during the period, an increase of 12% compared to 2023.
It’s more interesting on the French market alone, where the brand recorded a growth of 71.4% during the first three months of the year, with 5,948 registrations.
An amazing sequel, which is largely due to The new EX30 (2,472 registrations), which is starting its first full year with us. The EX40 also drove sales up, with 875 units sold.
In general, electrical models are represented 60,5% of the brand’s sales in Francea winning strategy that suggests a bright future for Volvo’s future 100% electric range.
« These figures demonstrate the strength of our strategy and our product range, with a suitable range of 100% electric hybrid, plug-in and mild hybrid vehicles. », explained Björn Annwall, commercial director of the brand.
“DIn the coming months, we will focus on increasing sales of our EX30,” he also secret, a sign of the importance that this style has for the brand !

For now, all of them The French Volvo range is electricThe S60, V60, XC40, XC60 and XC90 that complete the 5-electric range are offered in plug-in hybrid and hybrid variants.