Volvo is not what it used to be. Not even with the Chinese, who for the entire month of July almost completely disregarded the brand's electric cars.
Chinese-owned Volvo has major problems selling cars in China. In the entire month of July, the brand only found buyers for 298 new electric cars.
It shows brand new sales figures.
And it is actually an increase of 18 percent. The month of June was even worse for Volvo's sales of electric cars to Chinese drivers. People who otherwise buy around 500,000 electric cars every month.
And that in the world's largest market for cars in general. But in fact it backfired for Volvo across the board in China. So both when it comes to pure petrol cars, plug-in and regular hybrids.
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On a monthly basis, Volvo's sales in China have fallen by 3 percent, while in the first half of 2024 it bled as much as 34 percent compared to the same period the year before.
The Chinese have even got their 'own' Volvo. The EM90 is really just a Zeekr 009 with different headlights. But it's not going super well either. Just 1,102 EM90s have been fitted with Chinese license plates since sales began in the early days of 2024.
In summary, it can be said that Volvo's sales in its new home country, China, have been so bad that in 31 days the brand has sold what Tesla spits out of cars in the early hours of the morning. That is, in one day.
Volvo also has problems in our latitudes. Because even if the brand is considering moving parts of the production to Belgium to avoid punitive duties, it is a production with many errors.
In fact, so many mistakes that several Volvo customers, among other things, in England have got their money back because their copies of the EX30 electric car are riddled with faults. Read more about it here .
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