COPENHAGEN—Sweden-based Volvo Car AB said on Wednesday its sales increased by 8 percent year-on-year in March to 63,132 cars, helped mainly by the company’s fully electric cars.
Volvo Car said in a statement its fully electric models made up 41 percent of all its cars sold globally in the first three months of this year.
In Europe, Volvo Car’s fully electric models made up 62 percent of overall sales in the first three months of 2023.
In February, the group’s total car sales were up 22 percent, helped by a 187 percent month-on-month jump for its recharge models, with fully electric cars accounting for 19 percent of total sales.
