2021 is proving to be a pretty good year for Volvo. The Swedish automaker has come to terms with results in growth compared to what were the forecasts for the first ten months of the year: 581,464 cars registered by the brand in the cumulative since the beginning of the year, 12.6% more than in the same period last year. An increase in deliveries despite the 22.2% drop recorded in October alone, when the impact of the crisis caused by the shortage of microchips and semiconductors he made himself felt to an important extent.
The happiest note comes from electrified segment: the share of cars with fully electric or plug-in hybrid engines, the so-called Volvo Recharge models, reached 25.5% of all units sold globally in the first ten months of the year (+ 31.5% in the October only). Focusing only on 100% electric cars, the Swedish carmaker’s deliveries reached 3.1% of total sales in the first 10 months of the year, equal to 18,261 cars, and rose to 5.6% in October alone. equal to 2,841 cars. “Growth is linked to a planned increase in production – explains Volvo through an official note – In October, Volvo Cars also started production of the fully electric C40 Recharge at the Ghent plant ”.
Analyzing the situation on individual markets, Volvo’s sales in the United States reached 104,066 cars in the first 10 months of 2021, up 23.5% compared to the same period last year, while in China registrations reached 143,616 cars. , with an increase of 10.5% compared to the same period last year. However, the main market remains the European one, where deliveries exceeded 242,000 units, an increase of 6.1% compared to the first ten months of 2020. Final remarks on the models: the XC60 it continued to be the Swedish carmaker’s best-selling in the January-October period, with a total of 177,995 units, followed by the XC40 with a total of 170,907 cars delivered and the Volvo XC90 with 89,041 deliveries.
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