Beginning this month, Volvo Cars will report sales figures on a rolling three‑month basis instead of a standalone month. This provides a more accurate and meaningful view of the company’s sales performance over time.
Sales figures from the past three months highlight a challenging market across regions with continued pricing and competitive pressures, further worsened by unfavourable regulatory developments in the US.
“We are encouraged by the growth in sales of our fully electric cars, notably the EX90 and EX30. In China, the XC70 long range PHEV continues to expand our position in the rapidly growing electrified segment,” said Erik Severinson, Chief Commercial Officer. “Furthermore, we are pleased by the strong customer interest in our gamechanger EX60 electric SUV, following its global launch in January.”
The company's sales of electrified models – fully electric and plug-in hybrid models – accounted for 48,6 per cent of all cars sold during the three-month period. Fully electric cars comprised 24 per cent of all cars sold for the period, while the share of plug-in hybrid models accounted for 24,6 per cent.
| Nov - Jan | Nov - Jan | y-o-y | |
| 2025 - 26 | 2024 - 25 | Change (%) | |
| Total | 177,830 | 191,601 | -7% |
| Electrified models | 86,462 | 88,541 | -2% |
| - Fully electric | 42,770 | 37,908 | 13% |
| - Plug-in hybrid | 43,692 | 50,633 | -14% |
| Mild hybrids/ICE | 91,368 | 103,060 | -11% |
Contact:
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Volvo Cars in 2024
For the full year 2024, Volvo Car Group recorded a record-breaking core operating profit of SEK 27 billion. Revenue in 2024 amounted to an all-time high of SEK 400.2 billion, while global sales reached a record 763,389 cars.
About Volvo Car Group
Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales to customers in more than 100 countries. Volvo Cars is listed on the Nasdaq Stockholm exchange, where it is traded under the ticker “VOLCAR B”.
"For life. To give people the freedom to move in a personal, sustainable and safe way." This purpose is reflected in Volvo Cars' ambition to become a fully electric car maker and in its commitment to an ongoing reduction of its carbon footprint, with the ambition to achieve net-zero greenhouse gas emissions by 2040.
As of December 2024, Volvo Cars employed approximately 42,600 full-time employees. Volvo Cars' head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars' production plants are located in Gothenburg, Ghent (Belgium), South Carolina (US), Chengdu, Daqing and Taizhou (China). The company also has R&D and design centres in Gothenburg and Shanghai (China).