Volvo 2024 sales breach 760k-unit mark

MANILA: Volvo Cars has achieved a global sales count of 763,389 units for the entirety of 2024. For the Swedish car marque, the said figure is equivalent to an eight percent increase compared to its global annual sales performance in 2023. 

Further, the brand shared that it saw significant sales growth when it came to electrified vehicles. Last year, the automaker managed to deliver 175,194 fully electric vehicles (EV) to clients, which is equivalent to a whopping 54 percent increase compared to 2023. Volvo likewise tallied 177,593 global sales for hybrids, or a 46 percent increase, compared to its performance in 2023. 

A considerable portion of its global sales consist of EV units. Per Volvo, 23 percent of its cars sold in 2024 were all-electric nameplates. Likewise, the aforementioned saw a 16 percent climb against its EV global sales performance in 2023. 

On a regional basis, a majority of Volvo Cars’ sales were thanks to Europe. In the said continent, the Gothenburg-headquartered car brand managed to hand over 369,685 units to its clients. The brand also tallied 125,243 and 156,370 vehicles sold in the United States and China, respectively. 

Here is the global sales breakdown for Volvo’s top-selling models in 2024:

Model	2023	2024
Volvo XC60	228,646	230,853
Volvo XC40/EX40	200,670	173,890
Volvo XC90	107,549	108,621

 

In the Philippine market, Volvo Cars’ latest product is the EX30 EV crossover. As of its launch, it is priced at P2.99 million, and it boasts an attractive exterior as well as a tech-laden but minimalist-looking cabin. 

At maximum, the EX30’s electric motor and 69-kilowatt-hour battery can generate up to 272 horsepower and 343 Newton-meters of torque. From a single full charge, the subcompact crossover EV can cover up to 475 kilometers. 

Recently, the EX30 has also gained a five-star safety rating from the European New Car Assessment Program. 

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