Not only did Volvo Car Australia sell more than 11,128 cars in 2023, more than 3949 (35%) were battery electric vehicles (BEV) represented by the XC40 and C40 Recharge models.
Cracking the milestone of more than 11,000 vehicles in 2023 follows last year’s record-breaking 10,715 sales milestone.
For the second successive year the Volvo XC40 clinched the No.1 spot in the small luxury SUV segment, with 5,837 sales.
Volvo Car Australia has now achieved successive sales records for the last six out of seven years.
It was also driven by another strong performance in December, with 927 sales.
Volvo Car Australia managing director Stephen Connor says the results reinforced the ongoing strength of the brand in Australia, and Volvo’s commitment to being a fully electric car company.
“When I joined Volvo in 2017, we sold 4,682 cars in 12 months, all of which were equipped with internal combustion engines. In seven years, we have increased our volume by more than 125% to 11,128 cars,” Connor says.
“In 2019 we made the bold decision to delete diesel variants from our local model line-up as we embraced the vision of our strategy of ultimately being an all-electric car company. We forge ahead our way.
“Globally, Volvo Cars is firmly committed to becoming an electric-only carmaker by 2030. One of my first actions as the managing director, I announced that Volvo Car Australia will make the transition to full all-electric even earlier. Our planning sees us achieving this by 2026.
“We know Australian consumers are early adopters of new technologies, and they are embracing fully electric cars in increasing numbers as part of a practical response to combatting climate change. We believe this momentum will increase in the years ahead.
“By 2025 nearly 80% of Volvo Cars’ Australian sales will comprise of fully electric models. There is no long-term future for vehicles with an internal combustion engine. So, instead of investing in a shrinking business, we choose to invest in the future, which is fully electric.”
Sustainability is as important as safety to us,” Connor says.
At the end of Q1 2024 Volvo will deliver its smallest electric SUV yet, the new Volvo EX30, which boasts the smallest carbon footprint of any Volvo yet produced.
