Recently, Volvo announced the sales situation in March, in the past month, the brand sold a total of 78,970 new cars worldwide, a year-on-year increase of 25%, new energy vehicles reached 33,558, a year-on-year increase of 24%, accounting for 42% of the world's total sales, the first quarter of this year's global cumulative sales of 182687, a year-on-year increase of 12%, China, the United States and Europe, the world's three major markets have ushered in positive growth.
Among them, the sales volume of the Chinese market reached 14,005 units in March, a year-on-year increase of 21%, but the sales of new energy vehicles were not so optimistic, only 1,039 units were sold, which is still a basically negligible level, down 28% year-on-year Volvo's system based on P2 hybrid and oil-to-electric electric vehicles is really no one buys it in the Chinese market, and it can't fool picky domestic consumers, as for the first native pure electric platform electric vehicle, Volvo EX30 has not been officially listed in China, and it will not play any role.
The European market is still the largest sales area, with sales surging 33% to 39,756 units in March, of which pure electric vehicles increased by 66% year-on-year, showing a fairly strong trend, and plug-in hybrid bodies also increased by 62.5%, which is also exaggerated. The U.S. market sold 15,315 vehicles in March, a 50% year-on-year increase, and finally surpassed the Chinese market to become the world's second largest sales area. Interestingly, unlike the overall growth of new energy vehicles in Europe, Volvo electric vehicles in the U.S. market fell by 66.2%, but plug-in hybrid models increased by 76.3%, forming a positive growth trend more than a mile.
In terms of specific models, the XC60 remains the world's best-selling model, with 22,402 units sold in March, up 23.8% year-on-year. The XC40, which is not adapted to the Chinese market, sold 20,557 units with excellent performance in Europe and the United States, which is not much smaller than the XC60, and the XC90 also sold 10,826 units, a year-on-year increase of 10%. The total sales of the three models are close to 70% of the sales of sedans, and there is not much left in any region. We can only wait and see how it will perform in the future.