The automaker’s pure EV sales share reached 13% in Q3, up 111% compared to last year. The growth comes amid Volvo’s rapid transition to an all-electric future.Īfter Volvo was one of the first legacy automakers to commit to an all-EV future by 2030, the results are showing. Volvo’s retail sales have increased for 13 straight quarters despite many key auto markets slowing down. Volvo Cars released its third-quarter earnings Thursday, showing vehicle sales, revenue, and profit growth.
