May 18, 2022

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Half the Automotive

Volvo Car USA achieves best sales month ever for Recharge EVs and PHEVs | National


Volvo April Recharge (EV and PHEV) sales up 156 percent in the U.S. over 2021Recharge models represented 44.1 percent of total U.S. salesVolvo Car Canada Recharge sales grew 125.8 percent year-to-dateVolvo sales in Latin America up 24 percent overall with steady Recharge volume

MAHWAH, NJ (May 4, 2022) Volvo Car USA achieved an all-time sales record for its fully electric and plug-in hybrid cars in April as U.S. sales rose for the third consecutive month, finishing up 156 percent over the same period last year. Overall Volvo Car USA sold 10,022 cars during the month, down 9.2 percent despite continued supply constraints and other industry challenges. The company’s Recharge models (EVs and PHEVs) represented 44.1 percent of total U.S. sales in April, an 18 point increase over April 2021. In California, Recharge sales were up nearly 66 percent and accounted for more than 71 percent of total sales – a 17 point increase — over the same period last year. In Canada, sales of Recharge models rose 125.8 percent year-to-date over the same period last year and accounted for 31.6 percent of total sales in April. Overall sales increased 1.3 percent over April 2021. Latin American markets together saw a 24 percent increase in overall sales for April, with Recharge models making up 56.7 percent of the volume. The Volvo Car Americas region as a whole saw 12,472 cars sold in April, down 5.5 percent from the same period last year, while year-to-date sales of Recharge models increased 76.8 percent over the same period last year with 14,223 cars sold. “I am so proud of the Americas Region team who continue to drive our transformation into a fully electric automaker,” said Anders Gustafsson, Senior Vice President, Volvo Car Americas and President and CEO, Volvo Car USA. About Volvo Car USA

Volvo Car USA LLC, (www.volvocars.com/us) is a subsidiary of Volvo Car Group of Gothenburg, Sweden. VCUSA provides marketing, sales, parts, service, technology and training support to Volvo automobile retailers in the United States. For more information please refer to the VCUSA media website at: http://www.media.volvocars.com/us.

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