Volvo Car South Africa enjoys a significant lead in the electric vehicle market, delivering 539 EVs in 2024. The success is driven by the EX30, a finalist for 2025 Car of the Year, and strong sales of the XC40 Recharge and C40 Recharge models. Volvo's commitment to electrification is evident in its goal to have 90-100% of its global sales as fully electric vehicles by 2030.
Volvo Car South Africa has achieved a remarkable feat in the electric vehicle (EV) market, delivering 539 electric vehicles in 2024. This impressive performance significantly outpaces its closest competitor. The success story is primarily attributed to the exceptional sales of the EX30 , a compact electric crossover that found homes with 406 new owners. The EX30 has garnered widespread acclaim, recently being named a finalist in the prestigious 2025 Car of the Year (COTY) competition.
Notably, it stands as the sole electric vehicle among the seventeen finalists.Volvo's dominance in the EV segment extends beyond the EX30. The XC40 Recharge and C40 Recharge models further solidified the brand's position, achieving combined sales of 133 units. This achievement is a testament to Volvo's strategic focus on electrification. 'We are thrilled with the success of our electric vehicles in the South African market,' said Markus Cromwell, Volvo Car South Africa’s commercial director. 'The EX30, with its compelling price point and exceptional value proposition, has resonated strongly with South African consumers,' Cromwell added.This accomplishment perfectly aligns with Volvo's global electrification strategy. By 2030, the brand aspires to have 90% to 100% of its global sales consist of fully electric vehicles. This ambitious goal underscores Volvo's unwavering commitment to sustainability and innovation. Currently, Volvo's lineup encompasses a diverse range of electrified vehicles, including battery-electric vehicles, plug-in hybrids, and mild hybrids, catering to the evolving needs and preferences of its customers
VOLVO ELECTRIC VEHICLES SOUTH AFRICA EX30 XC40 RECHARGE C40 RECHARGE AUTOMOTIVE INDUSTRY SUSTAINABILITY INNOVATION CAR OF THE YEAR
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