Volvo reports 7,667 car sales in the U.S. in November, which is down 33.8% year-over-year. The company explains the decrease by "a shortage of components, which affected production." The year-to-date result is still positive - 111,733 (up 16.5% year-over-year).
Nonetheless, the Volvo Recharge plug-in sub-brand is growing. In November, the company sold some 1,712 plug-ins (up 42% year-over-year), which is 22.3% of the total volume. In California, the plug-in share is almost three times higher at 59%.
We can also see that Volvo is now in the process of shifting from plug-in hybrids towards all-electric cars, but it will take some time to reach full speed with this transition - most likely in 2022 and 2023, when the new models will enter the market.
Volvo plug-in car sales in the U.S. last month and year-to-date:
- BEVs: 412 (up 677.4%) and 5,637 YTD (up 10,149%)
- PHEVs: 1,300 (up 12.7%) and 14,206 YTD (up 166.5%)
- Plug-ins: 1,712 (up 41.8%) and 19,843 YTD (up 268.4%)
The BEV lineup consists two, closely-related models:
Model | Base Price | Dest. Charge | Tax Credit | Effective Price |
2022 Volvo C40 Recharge | $58,750 | +$1,095 | $7,500 | $52,345 |
2022 Volvo XC40 Recharge | $55,300 | +$1,095 | $7,500 | $48,895 |
Basic specs:
Model | Drive | Battery (kWh) | EPA Range | 0-60 mph (sec) | Top Speed |
2022 Volvo C40 Recharge | AWD | 78 | 226 mi (364 km) | 4.7 | 112 mph (180 km/h) |
2022 Volvo XC40 Recharge | AWD | 78 | 223 mi (359 km) | 4.7 | 112 mph (180 km/h) |
Plug-in hybrid lineup is wider:
Model | Base Price | Dest. Charge | Tax Credit | Effective Price |
2022 Volvo S60 T8 Twin Engine | $47,650 | +$1,045 | $5,419 | $43,276 |
2022 Volvo S90 T8 Twin Engine | $60,050 | +$1,045 | $5,419 | $55,676 |
2022 Volvo V60 T8 Twin Engine Polestar | $67,550 | +$1,095 | $5,419 | $63,226 |
2022 Volvo XC60 T8 Twin Engine | $53,500 | +$1,095 | $5,419 | $49,176 |
2022 Volvo XC90 T8 Twin Engine | $63,450 | +$1,095 | $5,419 | $59,126 |
Basic specs:
Model | Drive | Battery (kWh) | EPA EV Range | EPA Total Range | 0-60 mph (sec) |
2022 Volvo S60 T8 Twin Engine | AWD | 11.6 | 22 mi (35 km) | 510 mi (821 km) | 4.3 |
2022 Volvo S90 T8 Twin Engine | AWD | 11.6 | 21 mi (34 km) | 490 mi (788 km) | 4.8 |
2022 Volvo V60 T8 Twin Engine Polestar | AWD | 11.6 | 22 mi (35 km) | 510 mi (821 km) | 4.3 |
2022 Volvo XC60 T8 Twin Engine | AWD | 11.6 | 18 mi (29 km) | 500 mi (805 km) | |
2022 Volvo XC90 T8 Twin Engine | AWD | 11.6 | 18 mi (29 km) | 520 mi (837 km) |