In the city of Stockholm,Volvo Car reported a significant boost in sales for April, thanks to the success of its new fully electric small sport-utility vehicle and a strong performance in Europe. The company experienced a 27% increase in sales compared to the previous year.
Volvo, a Swedish automaker majority owned by China’s Zhejiang Geely Holding Group, announced on Monday that it sold 65,838 cars in April. This marks an increase from the 51,976 cars sold in the same month last year.
“We are pleased with the progress we have made in our retail sales growth for the full year 2024,” stated Bjorn Annwall, the chief commercial officer and deputy chief executive.
According to him, Volvo’s EX30 fully electric small SUV has been well-received as the company increases its deliveries of the vehicle. Additionally, the popularity of Volvo’s electrified models continues to grow.

In Europe, there was a significant increase in sales, with a rise of 65% to 34,238 cars. However, sales in China experienced a slight decline of 3% to 12,221 cars. The company announced a 10% increase in sales in the U.S., with a total of 10,604 cars sold.
In April, nearly half of all Volvo cars sold worldwide were either fully electric or plug-in hybrid models. The company reported that electric models made up 26% of global sales.