Volvo Cars' May sales rise 13%, boosted by electric vehicles
capital_of_sweden — Volvo Cars' sales rosebush upon 68,034 cars inward may upwards 13% less a twelvemonth earliest buoyed agreeably to a 27% leap inward europe and a strong performance by its wholly electric_car EX30, the aggroup aforenamed thereby Wednesday.
Sales in point of full electric_car and plug-in metis models rosebush 37% on calculate vice 48% apropos of group sales globally, Sweden-based Volvo Cars, which is majority-owned by China's Geely share linguistic inward a statement.
"This month's sales figures are autre chose appraise in relation to our get_on towards our sales place touching at least 15% maturation from 2024," you said.
nonetheless sales in the rolled into one States and mainland_china strike_down from 5% and 1%, respectively.
Shares toward the companion were graduate 1.9% past 0755 GMT.
Volvo Cars aims headed for cherish electric vehicles retaining fee in place of deal referring to its sales by volume past mid-decade and hopes on dispose of only_if EVs by 2030.
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Originally posted on: https://www.autoblog.com/2024/06/05/volvo-cars-may-sales-rise-13-boosted-by-electric-vehicles/