Volvo's U.S. PHEV Sales Doubled, But EVs Were Down 78% In May 2024

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Volvo's U.S. PHEV Sales Doubled, But EVs Were Down 78% In May 2024
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In May, Volvo plug-in car sales amounted to 3,914, 29% more than a year ago. That's about 38.6% of the brand's total volume.

Volvo Cars USA reported 10,153 U.S. sales in May, down 5% year-over-year. Year-to-date, sales are up 10%, with 51,708 units sold. Meanwhile, Volvo's plug-in car sales increased noticeably last month—although only thanks to plug-in hybrids. In May, Volvo plug-in car sales amounted to 3,914, 29% more than a year ago. That's about 38.6% of the brand's total volume .

9% share PHEVs: 3,617 and 35.6% share Total Recharge: 3,914 and 38.6% share Volvo Plug-In Car Sales In The U.S. - May 2024 So far this year, Volvo has sold over 15,000 plug-in cars in the U.S., 29.7% of the total sales volume. However, all-electric car sales are down 71% year-over-year to less than 1,600 units. Volvo plug-in car sales year-to-date : BEVs: 1,595 and 3.1% share PHEVs: 13,741 and 26.6% share Total Recharge: 15,336 and 29.

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