Recently, Volvo Cars released January sales data, Volvo January global sales of 47,561 vehicles, compared with the same period last year fell by 20.2%, although the overall sales performance is declining, but Volvo Cars whether in the global market, or in the Chinese market, its new energy vehicle sales have a very strong growth, cumulative sales of 15,071 vehicles, January sales increased by 11.5% year-on-year, sales also created a record high, Accounting for 31.7% of Volvo Cars' global sales in the month, the sales of pure electric vehicles more than doubled compared with the same period last year, accounting for 6.6% of total sales.
Back in the domestic market, Volvo sold 14,629 units in January, down 12.8 percent from the same period last year. However, new energy models increased by more than 28% year-on-year. Although the overall sales of Volvo in January were not very good, it can be clearly seen that the gap between fuel vehicles and new energy vehicles, there is news that in the future, Volvo Cars will gradually transform into a pure electric vehicle brand. Throughout 2021, Volvo sold 698,693 units worldwide, up 5.6% year-over-year. Among them, Volvo's new energy vehicle series sales reached 189,216 units, an increase of 63.9% year-on-year, accounting for 27% of the overall sales. As the wave of new energy vehicles in the world continues to rise, major car companies have transformed electrification, and there may be new energy vehicles that make us shine in the future.
GO Car Jun Comment: Although Volvo Cars has always had the reputation of a second-tier luxury brand in China, its sales performance has always been very general. New energy models are also mainly plug-in hybrids, pure electric models are not many, but with the acceleration of electrification, I believe that Volvo will launch more pure electric models in the future. And this year is the last year of the national new energy model subsidy, can Volvo seize this opportunity and go to a higher level? Let's wait and see.