Volvo reports that its U.S. sales increased in March by 80.9% year-over-year to 9,924, but we must remember that a year ago COVID-19 affected results.
Since then, the situation has improved a lot, and the last month was the tenth consecutive month of year-over-year growth.
The company is not reporting detailed results for its plug-in models sold under the Recharge subbrand, but according to the press release, Recharge accounted for 19% of total Volvo volume across the Americas region. That's a surprisingly high share.
"Across the Americas region Volvo Cars saw a similar result, achieving an overall sales increase of 92.6 percent year-over-year with 125 percent growth in Latin America and 265.3 percent growth in Canada. The brand’s share of Recharge models – vehicles with fully electric or plug-in hybrid (PHEV) powertrains – throughout the Americas accounted for 19 percent of total March sales."
The highest share achieved previously was about 30%, but only in California.
Gallery: Volvo XC40 Recharge
Volvo's offer in the U.S. includes five plug-in hybrid models and one all-electric - Volvo XC40 Recharge.
PHEVs:
| Model | Base Price | Dest. Charge | Tax Credit | Effective Price |
| 2021 Volvo S60 T8 Twin Engine | $47,650 | +$995 | $5,419 | $43,226 |
| 2020 Volvo S90 T8 Twin Engine | $60,050 | +$995 | $5,419 | $55,626 |
| 2020 Volvo V60 T8 Twin Engine Polestar | $67,300 | +$995 | $5,419 | $62,876 |
| 2021 Volvo XC60 T8 Twin Engine | $53,500 | +$995 | $5,419 | $49,076 |
| 2020 Volvo XC90 T8 Twin Engine | $63,450 | +$995 | $5,419 | $59,026 |
BEVs:
| Model | Base Price | Dest. Charge | Tax Credit | Effective Price |
| 2021 Volvo XC40 Recharge | $53,990 | +$995 | $7,500 | $47,485 |
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