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12 Jan
14:40

Volvo Cars hits record EV sales despite pandemic

Volvo Cars reported the strongest second-half sales numbers in the company’s history in 2020, as fast-growing demand for its electric vehicles (EVs) boosted the company’s recovery from the Covid-19 pandemic impact, Kallanish notes.   Sales rose by 7.4% to 391,751 cars in the second half compared to the same period in 2019. The share of Recharge models, with a fully electric or plug-in hybrid powertrain, more than doubled in 2020 compared to 2019. …
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