Volvo Cars has reported a 31% increase in global sales in May, driven primarily by the sale of its electric models.
The manufacturer sold 60,398 units in the month to take its annual total to 275,312, 14% increase on the same period during 2022.
Sales of its fully electric and plug-in hybrid cars rose 55% to account for 40% of all sales, with upticks reported in Europe (40%), the US (14%) and China (49%).
Meanwhile, the Volvo XC60 was the top-selling model with sales of 18,052 cars, followed by the XC40, (17,596) and the XC90 (9,058).
