US: Volvo Plug-In Car Sales Continue Downward Trend In September 2022 via insideevs.com
Volvo Cars reports a 29% decrease in car sales in the US in the month of September, to 6,627. The results have been negative every month of this year, bringing the total to 72,216 .
The main issue the company has appears to be the lack of sufficient car supply to meet demand. Volvo Cars is impacted by various challenges in Europe as well as in China .Last month, a total of 1,169 Volvo plugs-in were sold, which is 31% less than a year ago . Nonetheless, Volvo Recharge models stand for almost 18% of the total Volvo volume.
In Q3, plug-in car sales amounted to 3,510 . Hopefully, things will improve in Q4, but nothing is certain.Total Recharge: 1,169 and 17.6% shareSo far this year, Volvo sold in the US over 19,000 plug-in cars, which represents about a fifth of the total volume. Thanks to a relatively strong beginning of the year, Volvo should be able to sell this year more cars than in 2022.PHEVs: 15,150 and 21.0% shareduring the 12 months of 2021, Volvo sold in the US over 22,000 plug-in carsLet's recall that Volvo's goal is to reach a 100% share of all-electric cars globally by 2030, combined with an increase in volume toThe new 2023 model year lineup in the US already includes only electrified models , but the BEV offer is slim with just two models .
Soon, Volvo will introduce all-new all-electric models based on a next-generation platform, which will be utilized also by Polestar. It should give Volvo a vital BEV boost in 2023. The first in line is the Volvo EX90 - an electric successor to the outgoing Volvo XC90.
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