EVs and plug-in hybrids have accounted for more than a third of the sales registered by Volvo in Canada since the beginning of 2022.
Having shifted 1,037 units in May, a 2.8 per cent increase compared with sales records from May 2021, Volvo Canada confirmed that 34 per cent of those new vehicles sales have come from its electrified range of vehicles. In total, Volvo Canada has made 4,236 new vehicles sales year-to-date, itself an increase of 2.3 per cent over the same period in 2021 despite “supply constraints.”
“Despite the challenging market, May marked yet another strong performance for Volvo Cars in Canada,” Volvo Canada managing director Matt Girgis explains. “Demand for our award-winning electrified product is encouraging, and we remain positive for the remainder of the quarter as we continue to navigate industry and supply constraints.”
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The majority of the Swedish brand’s electrified sales in Canada are said to come from the XC60 Recharge, though Volvo has not yet confirmed exactly how many units have been sold since the plug-in hybrid’s arrival for 2022.
Having already targeted 50 per cent of its new vehicle sales would be fully electric by 2025, Volvo also recently stated that its North American fleet would be fully electrified in 2023, with each model either purely electric, plug-in hybrid or “mild hybrids.” Thus far, Volvo’s range boasts two purely-electric models, the XC40 Recharge SUV and the C40 Recharge crossover. A single motor variant of the latter is set to arrive later this year.