Oh, the handwringing and boohooing from car dealers and fossil fuel companies about electric cars. Amid their crocodile tears, they are blubbering about how nobody wants to buy electric cars. If that is the case, how, then, to explain that Volvo sold more cars in a single month than ever before in the history of the company, led by a surge in sales of battery electric and plug-in hybrid vehicles?
“We are making good progress towards our annual sales target of at least 15% growth and in the months ahead we will focus on ramping up sales of our EX30,” Volvo Cars said in a statement. The company said in January it remained confident of “tremendous growth” in the electric vehicle market and expects electric cars to account for half of its sales by the middle of the decade. Volvo has said it will sell only EVs by 2030.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volvo Sets Record Sales with Surge in Electric Car DemandVolvo sold more cars in a single month than ever before, with a significant increase in sales of battery electric and plug-in hybrid vehicles. Sales of fully electric cars were up 43% and accounted for a significant portion of all Volvo sales globally last month.
Source: cleantechnica - 🏆 565. / 51 Read more »
Volvo Cars' Shares Hit Highest Level Since November on Record March SalesShares in Sweden's Volvo Cars hit their highest level since November on Thursday after the automaker posted record March sales. Year-on-year sales of electric vehicles in Europe were 22% higher in the quarter and up 34% in March, roughly in line with overall sales growth in that market. Sweden's Volvo Cars on Thursday climbed to its highest level since November, after the automaker reported record single-month sales for March and solid electric vehicle growth in Europe. Shares rose by 6.2% at 12:20 p.m. in London and hit their highest level since Nov. 16, according to LSEG data. Volvo Cars said its new all-electric EX30 model had boosted growth and that it would focus on ramping up sales of the vehicle in the coming months. Year-on-year sales of electric vehicles in Europe were 22% higher in the quarter and up 34% year-on-year in March, roughly in line with overall sales growth in that market
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »
2025 Volvo EX30 Ice Drive: Sliding through Sweden in Volvo's charming new EVGet in-depth info on the 2025 Volvo EX30 including prices, specs, reviews, options, safety and reliability ratings.
Source: therealautoblog - 🏆 528. / 51 Read more »
2025 Volvo EX30 Ice Drive Review: This Is Why Volvo Brought Back RWDVolvo's EX30 is helping the brand usher in a return to rear-wheel drive because it works better on snow and ice than you'd expect.
Source: InsideEVs - 🏆 579. / 51 Read more »
Shares of Volvo Cars up 6% to November highs on record sales monthShares in the Swedish automaker hit their highest level since November on record March sales.
Source: NBCDFW - 🏆 288. / 63 Read more »
Volvo Cars up 6% to November highs on record sales monthShares in the Swedish automaker hit their highest level since November on record March sales.
Source: NBCNewYork - 🏆 270. / 63 Read more »