Sales of electrified models, including fully electric and plug-in hybrid cars, accounted for 48 per cent of cars sold in the period.Sweden-based Volvo Cars sold 162,864 cars in the three months through April, down 10 per cent from the same period a year earlier, it said on Tuesday.
China sales remained weak amid competitive and macro pressures, while US deliveries continued to face softer customer sentiment, slower electrified car demand and SUV pricing pressure.
Sales of electrified models, including fully electric and plug-in hybrid cars, accounted for 48 per cent of cars sold in the period.
Fully electric car sales rose 14 per cent to 39,235 vehicles, making up 24 per cent of total sales, while plug-in hybrid sales fell 12 per cent.
“The automotive industry continues to face challenging market conditions which are reflected in the sales performance for the three-month period ending April 2026,” it said.
Order pace in Europe, the company’s largest region, remained resilient, led by fully electric cars.
The company said deliveries of fully electric cars had grown for seven consecutive months, driven by the EX30 and EX40 models.
