{"id":244193,"date":"2023-11-04T14:50:29","date_gmt":"2023-11-04T14:50:29","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=244193"},"modified":"2023-11-04T14:50:29","modified_gmt":"2023-11-04T14:50:29","slug":"volvo-u-s-plug-in-car-sales-increased-by-20-in-october-2023","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/car-reviews\/volvo-u-s-plug-in-car-sales-increased-by-20-in-october-2023\/","title":{"rendered":"Volvo U.S. Plug-In Car Sales Increased By 20% In October 2023"},"content":{"rendered":"<p>Volvo Cars USA reports that its car sales in the United States increased in October by 19 percent year-over-year to 11,296. During the first ten months of the year, sales amounted to 103,421 (up 27% year-over-year).<\/p>\n<p>Volvo&#8217;s plug-in electric car sales outpaced this growth, but only slightly. Last month, rechargeable car sales amounted to 3,041 (up 20 percent year-over-year), which is 26.9 percent of the brand&#8217;s total volume.<\/p>\n<p>The key thing to look at is the all-electric car sales, which amounted to 1,240 units (up 49 percent year-over-year) enough to represent 11 percent of the total sales. This is the most important segment for Volvo, as the brand intends to become all-electric within several years. Plug-in hybrids this time were up only by six percent year-over-year.<\/p>\n<p>Volvo plug-in car sales last month (YOY change):<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>BEVs: 1,240 (up 49%) and 11% share<\/li>\n<li>PHEVs: 1,801 (up 6%) and 15.9% share<\/li>\n<li>Total Recharge: 3,041 (up 20%) and 26.9% share<\/li>\n<\/ul>\n<h3><span><svg class=\"arrow-heading\"><use xlink:href=\"https:\/\/insideevs.com\/design\/dist\/critical\/icons\/sprite-common-0-dc6b7de11d922cb73553899f27128303.svg#sqr-arrow\"\/><\/svg><\/span>Volvo Recharge sales in the US &#8211; October 2023<\/h3>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.motor1.com\/images\/custom\/thumbnail\/volvo-recharge-sales-in-the-us-october-2023.png\"><\/p>\n<p>So far this year, Volvo sold over 29,000 plug-in electric cars in the US, which is roughly 28 percent of the total volume. BEVs alone represent 12 percent.<\/p>\n<p>Volvo plug-in car sales year-to-date (YOY change):<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>BEVs: 12,083 (up 137%) and 11.7% share<\/li>\n<li>PHEVs: 17,304 (up 3%) and 16.7% share<\/li>\n<li>Total Recharge: 29,387 (up 34%) and 28.4% share<\/li>\n<\/ul>\n<p>As we can see, all-electric cars are the main force of growth, as PHEVs are barely up in terms of volume, while their share actually decreased from over 20 percent a year ago to less than 17 percent this year.<\/p>\n<p>For reference, in 12 months of 2022, the total volume amounted to 27,909 (27.4 percent of the total volume). This year is already better than 2022.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.motor1.com\/images\/custom\/thumbnail\/volvo-recharge-sales-in-the-us-october-2023-b.png\"><\/p>\n<p>Volvo&#8217;s all-electric lineup currently consists of two models &#8211; Volvo XC40 Recharge and Volvo C40 Recharge.<\/p>\n<p>In the future, Volvo&#8217;s BEV lineup will be expanded by the all-new Volvo EX90 model and the Volvo EX30, which will start at an MSRP of $36,245. Most recently, the company announced also an all-electric MPV \u2013\u00a0the Volvo EM90. The next-generation models are crucial for Volvo&#8217;s plan to become 100% all-electric by 2030.<\/p>\n<p>Source: <a href=\"https:\/\/insideevs.com\/news\/694578\/volvo-us-plugin-car-sales-october2023\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volvo Cars USA reports that its car sales in the United States increased in October by 19 percent year-over-year to<\/p>\n","protected":false},"author":2,"featured_media":244192,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Volvo U.S. Plug-In Car Sales Increased By 20% In October 2023 - AutoMotoBuzz.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/automotobuzz.com\/car-reviews\/volvo-u-s-plug-in-car-sales-increased-by-20-in-october-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Volvo U.S. Plug-In Car Sales Increased By 20% In October 2023 - 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