- Volvo EV sales in the U.S. grew significantly in the first quarter.
- But the good news stops there.
- Overall, Volvo’s sales numbers were in the red everywhere but in the U.S.
Volvo’s electric models are finally getting some much-needed attention in the United States after the disappointing sales numbers of last year. In the first three months of 2025, Volvo sold 2,706 EVs stateside, a 179% increase over the 970 units sold in the first quarter of last year. The percentage sounds amazing, but we’re not exactly talking about record-breaking sales. Still, it’s a healthy uptick.
When it comes to electrified models–including all-electric and plug-in hybrid models—the Swedish brand sold 9,449 cars in the U.S., a 17% improvement year-over-year. Thanks to EVs like the EX30, EX40 and EX90, Volvo’s overall sales numbers in Q1 went up by 8% here in the United States, reaching 33,285 units.
But that’s where the good news ends for the Scandinavian marque because everywhere else we look, it’s all red. In Europe, overall sales were down 8%, with all-electric models taking a 29% plunge compared to the first three months of 2024. Plug-in hybrid sales, meanwhile, went up by 18%, reaching 27,802 units and thus surpassing the brand’s full electric lineup, which managed to amass 22,095 sales in the same period.
In China, overall sales were down 12% because full-electric models slipped 15% and the company’s mild-hybrid offerings went down 16%. The only thing keeping things moving was the plug-in hybrid lineup, which saw a 60% improvement in sales in the first quarter.
Globally, Volvo’s overall sales decreased by 6% in the first quarter compared to the same period last year. The Swedish company sold 172,219 cars, with 32,449 of these being all-electric and 42,034 being plug-in hybrids. EV sales went down 15%, while PHEV sales were up 14%. Gas- and diesel-powered models, all of which are mild-hybrid, totaled 97,736 sales, down 9% year-over-year.
Last year, Volvo posted record sales numbers and profits worldwide, while its EV sales performance in the United States was lackluster. That’s why it was somewhat surprising when Volvo decided to part ways with its CEO earlier this week. Now, though, the tables have turned, with the U.S. leading the pack in terms of sales increases, while the rest of the world doesn’t seem to be hot on Volvo. Seeing how the company had the data for each month before publishing the figures, it now makes a little more sense that the board of directors voted to let Jim Rowan go.
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