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Home News Auto News Volvo Predicts Big Increase In Plug-In Hybrid Sales Volvo Predicts Big Increase In Plug-In Hybrid Sales Auto News Aswan | March 26, 2019 05:20 pm The automotive world is shifting at an incredibly rapid pace. Consider that just five years ago, hybrid vehicles - let alone plug-in hybrid vehicles - were few and far between. Nowadays we are seeing them in quite nearly every market segment, and the demand for these models is only expected to grow as markets around the world begin to incentivize cleaner motoring. Volvo's CEO, Hakan Samuelsson, certainly agrees with this prediction.Most companies have underestimated the demand for these models, and as a result are pumping up their numbers to try and keep up with the orders that are coming in. Samuelsson expects a 20-25% increase in sales by the end of 2019, as he explained to group of journalists during a round table discussion. Capacity across the board has to be tripled in comparison to last year, driven heavily by markets like China.Even with the struggle to keep up with demand, Volvo managed to shift 26,800 units of their plug-in hybrid models in Europe alone last year, which is over 50% more than the previous year. For the time being, this range of vehicles comprises of the XC90 and XC60 SUVs, as well as the V90 and V60 wagons and their sedan counterparts. There are more mild-hybrid variants to be introduced before the year is up as well.By 2021, the prediction is that a quarter of all Volvo car sales will be plug-in hybrid models. This means that not only do factories have to beef up their production rates for vehicles, but the entire supply chain needs to be improved and expanded in order to cope with the ever increasing demand. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags hybrid volvo Print Related News All Volvo Models From 2019 Onwards Will Be Hybrids or EVs Auto News Arvind | January 31, 2019 In a historic announcement, Volvo has announced that every model it launches from 2019 onwards will have an electric motor or some form of powertrain ... Lynk & Co Made An XC90 Except It’s Not A Volvo (But It Totally Is) Auto News Jim Kem | June 28, 2021 There are quite a few brands under the Geely Group’s umbrella, right? You could probably fire off a few off the top of your head right now. So can ... At the turn of an era for Volvo, with Keith at Malaysia's helm Live Life Drive Hans | August 26, 2015 Volvo Car is currently at the cusp of new beginning. Having finally broke free from Ford's stifling bureaucracy, who seriously limited Volvo's ... Volvo Puts the Car Key into Your Phone Auto News Kon | February 19, 2016 Volvo plans to sell you a car without giving you a set of keys in the not too distant future and this is not a joke.Beginning 2017, Volvo will be ... Comments
Volvo Predicts Big Increase In Plug-In Hybrid Sales Auto News Aswan | March 26, 2019 05:20 pm The automotive world is shifting at an incredibly rapid pace. Consider that just five years ago, hybrid vehicles - let alone plug-in hybrid vehicles - were few and far between. Nowadays we are seeing them in quite nearly every market segment, and the demand for these models is only expected to grow as markets around the world begin to incentivize cleaner motoring. Volvo's CEO, Hakan Samuelsson, certainly agrees with this prediction.Most companies have underestimated the demand for these models, and as a result are pumping up their numbers to try and keep up with the orders that are coming in. Samuelsson expects a 20-25% increase in sales by the end of 2019, as he explained to group of journalists during a round table discussion. Capacity across the board has to be tripled in comparison to last year, driven heavily by markets like China.Even with the struggle to keep up with demand, Volvo managed to shift 26,800 units of their plug-in hybrid models in Europe alone last year, which is over 50% more than the previous year. For the time being, this range of vehicles comprises of the XC90 and XC60 SUVs, as well as the V90 and V60 wagons and their sedan counterparts. There are more mild-hybrid variants to be introduced before the year is up as well.By 2021, the prediction is that a quarter of all Volvo car sales will be plug-in hybrid models. This means that not only do factories have to beef up their production rates for vehicles, but the entire supply chain needs to be improved and expanded in order to cope with the ever increasing demand. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags hybrid volvo
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
All Volvo Models From 2019 Onwards Will Be Hybrids or EVs Auto News Arvind | January 31, 2019 In a historic announcement, Volvo has announced that every model it launches from 2019 onwards will have an electric motor or some form of powertrain ...
Lynk & Co Made An XC90 Except It’s Not A Volvo (But It Totally Is) Auto News Jim Kem | June 28, 2021 There are quite a few brands under the Geely Group’s umbrella, right? You could probably fire off a few off the top of your head right now. So can ...
At the turn of an era for Volvo, with Keith at Malaysia's helm Live Life Drive Hans | August 26, 2015 Volvo Car is currently at the cusp of new beginning. Having finally broke free from Ford's stifling bureaucracy, who seriously limited Volvo's ...
Volvo Puts the Car Key into Your Phone Auto News Kon | February 19, 2016 Volvo plans to sell you a car without giving you a set of keys in the not too distant future and this is not a joke.Beginning 2017, Volvo will be ...