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Volvo Sees Growth of Electrified Cars in March

Continued growth of electric and hybrid vehicles remained steady in March for Volvo Americas, Canada, and Latin America.

Volvo Sees Growth of Electrified Cars in March

Volvo's Recharge models (EVs and PHEVs) represented nearly 26% of total March sales nationwide, led by the company’s SUVs and crossovers.

Photo: Volvo Car USA

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March sales of Volvo electric and plug-in hybrid cars in the U.S. were up 92% over the same period last year with 9,428 cars sold overall despite continued supply constraints and other industry challenges, Volvo Car USA reported in a statement. In California, Recharge sales were up 75%, and accounted for more than 54% of total sales over the same period last year.

The Volvo Car Americas region reported a total of 11,766 cars sold in March, down 5.2% from the same period last year. Volvo Car Canada saw a nearly 206% growth in Recharge sales and an overall sales increase of 0.5% year-over-year. More than 60% of sales in Latin America were of Recharge models. A total of 3,598 Recharge models were sold in the Americas region, representing 30.6% of total volume.

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“Within a challenging landscape across the Americas we close out the first quarter on an electrified high note,” said Anders Gustafsson, senior vice president, Volvo Car Americas and president and CEO, Volvo Car USA. “Demand for Volvo cars remains strong and we are confident that consumers will continue to make the switch to electrified products and keep Volvo at the top of their consideration list.”

Originally posted on Automotive Fleet

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