Volvo’s sales dropped in March 2025 by 10% to 70,737, but EV sales fell by 26% overall and 39% in the UK and Europe.
That’s clearly a very sensible move as Volvo’s March sales figures show the XC90 is the third best-selling car in Volvo’s range (with the XC60 and XC40 in first and second place) and shows EV sales tanking, especially in the UK and Europe.
Overall, Volvo’s sales in March were down by 10% globally, with electric models dropping a whopping 26%, but PHEV models up by 10%.
In the UK and Europe, the fall for EVs was greater still, with a drop of 39% to just 9,079 (compared to 14,967 in 2024), although PHEV sales grew by 15%.
Clearly Volvo isn’t going to give up on EVs, with the recently revealed ES90 arriving soon followed by the new EX60, but it seems likely it will be some time before Volvo manages to come even close to an all EV lineup, and is likely to keep the XC40, XC60 and XC90 suitably refreshed as needed and on sale well into the next decade.
James says
Had tiny issues with my ex30 with Google due to Vodafone but now sorted by a wonderful dealership in Worcester had a Tesla o85d and the Volvo beats it hands down don’t believe the hype of media otherwise you will miss out on a fantastic car
NBC77K says
Being an owner of an EX30 since June last year I’m not surprised. Software and some of the hardware must have come from a Temu flash sale.
Brian says
Have 15 year old V50 2.0 litre diesel bought new. Cannot see anything I would want to buy in the current range that would last that long & be so reliable. Plug-in XC40 has been discontinued and prices are through the roof, especially with the extra taxes applied by the government ( both varieties ). What planet are they on if they want the economy to grow?
J hudson says
Got a hybrid xc40 will not purchase a ev if Volvo go all ev I will purchase another make, had Volvo car for last 30 years.
James says
Why not? EV’s are great! Far superior to hybrids
Phil says
Price of Volvo cars are extortionate, with the mid range xc40 almost hitting 40k.
With the cost of living crisis in the UK, Volvo and other car manufacturers need to review these extreme prices?
I’m not surprised new car sales are plummeting, and the used car market is exploding.
Greed seems to be rampant in all sectors of new car sales, from manufacturers to dealerships and finance?
Lloyd G says
Well said, I agree with all those points!
Especially the last one!