Tuesday 10 May 2022

EVs made up 38% of Volvo’s sales last month

Volvo Cars has revealed that electric vehicles (EVs) accounted for 38.4% of its total sales in April, an 18.7% growth from a year ago.

This time last year, EVs made up 10% of its sale share.

Europe was the most popular destination for its electric range, with more than half the sales on the continent being electric.

This is despite a large drop in its overall sales, with the Swedish carmaker quoting chip shortages, delays in the supply chain and COVID-19 as the reasons for the decline.

It stresses that it expects these issues to subside during the second half of the year, however.

Last April’s overall sales represented a 24.8% reduction from April 2021 – although it was a highly successful month for its battery-powered cars.