Volvo Cars have reported sales of 42,067 cars in February 2022, a decline of 17.2 percent compared to the same month last year. Demand for Volvo Cars’ products remains strong and sales of its fully electric cars increased by 229.5 percent compared with the same month last year.
Zero-emissions battery electric vehicles (BEVs), including the XC40 Recharge and C40 models, made up 7.9 percent of Volvo’s total sales in February. Volvo’s Recharge plug-in models accounted for an impressive 33 percent of the brand’s sales during the month.
In the first two months of the year, Volvo Cars sold 89,628 cars, a decline of 18.8 percent compared to the same period last year. Recharge sales increased by seven percent in the first two months of the year compared with the same period last year, accounting for 32.3 percent of total sales.
Fully electric car sales increased by 174.9 percent and made up 7.2 percent of total sales during the period.
Volvo’s overall European sales in February fell 18.6 percent to 19,512 cars sold, with Recharge models making up more than half of total European sales during the month. Zero-emissions battery electric vehicle sales increased by 159 percent in Europe compared to the same month last year.
In China, sales declined by 13.8 percent to 8,691 cars in February. Recharge vehicles sold well with sales increasing by 121.4 percent compared to February 2021. Battery electric vehicle sales for the region saw an increase of 88.2 percent compared to the same month a year earlier.
US sales reached 6,219 cars in February, down 32.1 percent compared to the same month last year. Recharge vehicles saw an increase of 61.8 percent during the month, while fully electric vehicle sales increased by an impressive 344.8 percent.