{"id":30785,"date":"2022-09-05T00:03:51","date_gmt":"2022-09-05T04:03:51","guid":{"rendered":"https:\/\/autosector.com\/?p=30785"},"modified":"2022-09-05T00:03:51","modified_gmt":"2022-09-05T04:03:51","slug":"volvo-plugin-electric-car-sales-august2022","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=30785","title":{"rendered":"Volvo Plug-In Electric Car Sales Remained Below 10,000 In August 2022"},"content":{"rendered":"

Volvo Cars reports 43,666 global car sales in August, which is 4.6% down year-over-year, but at the same time, it’s the lowest decrease in over a year. During the first eight months of the year, sales decreased by 21.5% to 379,631.<\/p>\n

In terms of plug-in electric cars (Volvo Recharge), last month the company sold 9,582 units (down 13% year-over-year), which is 21.9% of the total volume.<\/p>\n

The Swedish brand explains that demand remains strong, especially for its Recharge models, but production is still limited, which affects sales:<\/p>\n

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“The positive trend in production continued into August. However, the pace of normalisation was affected by power cuts and Covid-19 outbreaks in China. In addition, lack of availability of components, notably semiconductors, continues to influence manufacturing output, which impacted Volvo Cars\u2019 retail deliveries during the month.”<\/p>\n<\/blockquote>\n

Interestingly, all-electric car sales improved by almost 52% year-over-year to 2,494, but the result is still about two times lower than the peak of 5,256 in March.<\/p>\n

Volvo Recharge result:<\/p>\n