Volvo Cars Plugin Vehicle Sales Increased 17% In January

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Volvo Automobiles bought 50,820 vehicles in January, with virtually half of them coming with a plug. Plugin mannequin gross sales had been additionally up considerably from a 12 months prior, rising 17% in comparison with January 2024.

In complete, 44% of the corporate’s January 2025 car gross sales — 22,398 out of fifty,820 — had been plugin car gross sales. Of these, 9,705 (19% of complete car gross sales) had been full electrics (+5% over January 2024), and 12,693 (25% of complete car gross sales) had been plugin hybrids (+28% over January 2024).

Volvo Automobiles’ total gross sales had been down 5% — from 53,402 to 50,820. With plugin car gross sales up considerably and Volvo Automobiles’ total gross sales down, what does that imply about non-plugin car gross sales? Naturally, meaning they had been down — quite a bit. Fossil-fueled car gross sales (together with gentle hybrids) had been down 17% in January 2025. By the way, that proportion lower is the precise reverse of the share enhance in plugin car gross sales.

On one hand, it’s nice to see a legacy automaker like Volvo Automobiles transferring quick into an electrical future. Alternatively, I forgot how small Volvo Automobiles was. About 50,000 gross sales a month is just not that many. That’s roughly 600,000 a 12 months, or a few third of Tesla’s gross sales. Nonetheless, as a effectively revered, high-quality, reasonably massive automaker, it’s good to see that 19% of its gross sales at the moment are full electrics and 44% have a plug. Progress.