Volvo Cars sold 62,858 vehicles in June, a 12% decline year over year, and the fourth consecutive month that the company’s sales have dropped by more than 10% year over year.
Of those, 13,674 were battery electric vehicles (BEVs), accounting for nearly 22% of the total.
However, BEV sales fell 26% compared to the same month last year.
In June 2024, fully electric models accounted for 25.8% of Volvo’s total vehicle registrations — roughly one in every four cars. This year, they comprise only about one in every five.
Compared to May’s figures, registrations rose 10.4%. The share of fully electric vehicles was up by 5.3% month over month.
Considering both BEVs and plug-in hybrid models (PHEV), the brand’s new energy vehicles accounted for 44.2% of new registrations.
Internal combustion engine (ICE) vehicles remained the preferred choice among Swedish consumers, with a share of nearly 56% — over 35,000 units.
In the second quarter, Volvo sold 181,561 vehicles, up 5.4% from the previous quarter, but down 11.6% from the same period a year ago.
Considering it listed 12,391 EVs in May and 11,697 in April, the quarterly total reached 37,762 units, representing 20.8% of the total 181,561 vehicles sold.
In the first half of the year, BEV registrations from Volvo accounted for 70,211 units out of 353,780 — about 19.8%. From January 1 to June 30, for each five cars the company sold, one was fully electric.
The brand’s plug-in hybrids were its best-selling models in the January-June period.
Since January, the XC60 SUV has been ranking first in sales, representing 20,706 of all vehicles sold by Volvo in June — up 6.7% from May and 7.7% year over year.
The XC60 was the company’s best-selling model in 2024 and last month became the best-selling model from the brand in the company’s history, with over 2.7 million units sold.
In June, Volvo teased the fully electric version of its best-seller, the EX60 — set to be unveiled in “early 2026.”
It is followed by the XC/EX40 (including hybrid plus fully electric), which accounted for 15,442 units.
Registrations of the SUV were slightly up by 3.7%, but fell by 4.6% from June 2024. The larger XC90 placed third, with 8,842 units, down 3.2% year over year.
Late last month, Volvo was spotted testing a camouflaged electric sedan on public roads in Gothenburg, according to a picture obtained by EV.
While the company has not commented on the vehicle’s identity, the model is expected to adopt its 800-volt electrical architecture, in line with the direction set by the recently unveiled ES90.
The company announced in early May that “given external developments and increased uncertainties”, it is “no longer providing financial guidance for 2025 and 2026.”
