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Volvo Cars Sees a 17% Surge in Plug-in Vehicle Sales This January!

Source link : https://tech-news.info/volvo-cars-sees-a-17-surge-in-plug-in-vehicle-sales-this-january/

Volvo Cars’ Electrifying Sales ⁢Growth in January 2025

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In January 2025, Volvo Cars reported ‌a ‍total of 50,820 vehicle sales,‌ with⁤ nearly half of these ⁣vehicles incorporating plug-in technology. This marks ⁣a‍ significant increase in plugin model sales compared to the previous year, showcasing a ‍17% ⁣rise when juxtaposed with​ January 2024 figures.

Breakdown of Plugin Vehicle Sales

Out of ‍the⁢ total sales in January, an impressive 44%—that’s 22,398 vehicles—were ⁢plugin options.⁤ A deeper ​dive​ reveals that 9,705 units, accounting⁤ for​ 19% of all vehicle⁢ sales, were fully electric models (up by 5% year-over-year). Additionally, 12,693 units, ⁤or 25% of the overall sales​ tally were plug-in hybrids—which represented a‍ robust increase ‌of 28% over the same month last year.

Overall Sales⁤ Trends

Volvo’s general vehicle ‌sales⁣ declined by 5%, falling⁢ from​ 53,402 in January 2024⁣ to this year’s tally. With healthy areas like plugin cars witnessing growth but overall numbers ⁢trending downwards implies noteworthy declines in traditional gasoline-powered vehicle demand. Fossil-fuel-driven car sales—including mild​ hybrids—plummeted ‍by an alarming 17% during⁣ this period—a change that oddly mirrors the ⁣uptick seen ⁤in plugin vehicle transactions.

On one hand, it’s encouraging to ‍witness a historic company such as Volvo embracing electric mobility ‌at​ full throttle; on​ another note it’s ⁤pertinent to remember how relatively small Volvo is as an⁤ automaker. Their ‍monthly delivery figure hovers around 50‌ thousand units which translates​ into ​roughly 600‌ thousand annually—a fraction ⁣compared ​to industry leader Tesla’s volumes.

However⁣ you slice⁣ it though: acknowledging that‍ 19% ‌and 44% proportions reflects growing acceptance and transition towards sustainable driving options at Volvo is encouraging progress within the automotive sector.

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The post Volvo Cars Sees a 17% Surge in Plug-in Vehicle Sales This January! first appeared on Tech News.

Author : Tech-News Team

Publish date : 2025-02-07 02:02:10

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