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04 Nov
18:26

Volvo Cars’ EV market share rises to 31.5% in October

Swedish carmaker Volvo Cars continues to see growth in the uptake of its electric cars, with both BEVs and PHEVs accounting for 31.5% of its total global car sales in October. The remarkable market share reflects the strong demand for the so-called Recharge vehicles, despite a 22.2% decline in the company’s total sales. In October, Volvo Cars sold 2,841 BEVs, compared to 4 in the same month last year. In the first 10 months of the year, the market share f…
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