Volvo Cars reports sales of 45,952 cars in May, share of fully electric cars stands at 7.9%
Volvo Cars today reported retail sales of 45,952 cars in May, down 28.3 per cent compared with the same month last year. Demand for the company’s cars remains strong, especially for its Recharge line-up of electrified cars. In May the share of fully electric cars grew from last year to 7.9 per cent. Sales of Recharge models represented 33.6 per cent of total sales, an increase of 10 percentage points compared with the same month in 2021.During May, the Covid-19-related lockdowns in eastern China continued to add more stress to already strained global supply chains, resulting in