Volvo Set Another Plug-In Car Sales Record In December 2022

Volvo Cars report 72,663 global car sales in December, which is 13 percent more than a year ago. In 2022 the company sold 615,121 cars - about 12 percent less than a year ago, because of the supply chain issues and Covid-related lockdowns in China.Volvo plug-in electric car sales reached a new record level in December. The company sold 31,826 rechargeable cars - a third more than a year ago, and almost 44 percent of its total volume.

We are especially happy to see a third consecutive monthly record for all-electric car sales - 14,588, which is over three times more than a year ago and over 20 percent of the total volume. This is a very important achievement for the company, which wants to become 100% electric in just several years.

The plug-in hybrid segment noted a small decrease year-over-year - by 10 percent to 17,238 - but that's not a surprise. This year PHEVs were down year-over-year, every single month.Total: 31,826 and 43.8% shareDuring the fourth quarter, Volvo sold a total of 76,777 plug-in electric cars . Soon, BEVs might become a bigger segment than PHEVs.

In 2022, Volvo sold over 205,000 plug-in electric cars , which is a third of the total volume. The year-over-year growth is pretty thin for Volvo Recharge cars, but the all-electric cars actually noted an outstanding growth of 159 percent year-over-year to 66,749.Total: 205,352 and 33.4% shareIn the US, in December sales increased by 8 percent year-over-year to 3,202 , while in 2022 amounted to 27,909 .

Meanwhile, plug-in electric car sales in China increased slightly in December to 1,933, and to 12,215 in 2022.

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