Volvo EV Sales In The U.S. Are Up. It's Not As Rosy Everywhere Else

Volvo EV Sales In The U.S. Are Up. It's Not As Rosy Everywhere Else

After last year’s disastrous sales, the Swedish brand’s EVs are getting some love stateside. But that’s not the big picture.

Volvo Cars is facing headwinds in the market. Sales fell by 10 percent in March this year compared to last year. The decline is most pronounced for fully electric cars, which are down 26 percent, the company writes in a press release.

In addition to the newly introduced service concept, the former «Smart Tower» is now renamed the «Volvo Tower».

Volvo Cars sales fall 10% in March, fully electric down 26% - Reuters - WiredFocus

Volvo Cars sales fall 10% in March, fully electric down 26%  Reuters READ SOURCE

Volvo Cars sales fall 10% in March as fully electric sales dive - Regional Media News

STOCKHOLM (Reuters) -Volvo Cars sold 70,737 cars in March, down 10% from a year earlier as sales of fully electric cars tumbled, the Sweden-based company said on Wednesday, sending its shares down. Volvo Cars, which is majority-owned by China’s Geely, said in a statement sales in Europe were down 9% while in the United States and China they were down 8% and 22%, respectively. Sales of fully electric cars fell 26% to account for 19% of total sale…