Volvo Automotive Malaysia has simply introduced its gross sales tally for 2023 – 2,694 models bought, of which 71% had been of its Recharge vary and 18% from full EVs. The final level is of utmost significance, as VCM’s EV combine is comparatively greater than Volvo world’s 16% for 2023. Nonetheless, there’s an extended option to go to achieve the 75% EV gross sales by 2025 goal VCM has set for itself in 2022.
On numbers alone, VCM’s whole for 2023 is definitely down 16% in comparison with 2022 (3,194 models), although EV gross sales have risen by 37%. The 71% Recharge combine can also be notably excessive (vs simply 38% globally), placing Malaysia amongst Volvo’s prime 15 markets. Malaysian Volvo prospects have once more confirmed to have a excessive acceptance of PHEV and BEV fashions.
“2023 was a transformative 12 months for us as we pivoted in the direction of a totally electrical future. All of our absolutely electrical fashions at the moment are bought straight on our on-line gross sales platform for a safe, clear and hassle-free possession journey. Regardless of displaying a slight gross sales drop, we’re very proud to have defended our section share on condition that we had been in between product cycles with no new launches final 12 months,” mentioned Charles Frump, managing director of VCM.
Volvo Automotive Malaysia has so much to look ahead to in 2024, with two main launches for the 12 months – the EX30 and EX90 electrical SUVs.
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