Volvo Cars reported global sales of 60,244 units in November 2025, marking a 10% decline compared with the same month last year. Despite the overall drop, the company highlighted strong momentum in its electrified lineup, which accounted for half of all vehicles sold during the month.
According to Erik Severinson, Chief Commercial Officer at Volvo Cars, the results reflect the “ongoing structural and transformational challenges” facing both the company and the wider auto industry. “We are encouraged by the growth in our fully electric models and the accelerated deliveries of the new XC70 long-range plug-in hybrid in China,” Severinson said. However, he noted that U.S. sales remain subdued following the phase-out of federal EV tax credits.
In November, fully electric vehicles (BEVs) represented 24% of total sales, rising 4% year-on-year to 14,594 units. Plug-in hybrids (PHEVs) contributed 26%, with 15,785 units sold. Combined, electrified vehicles reached 30,379 units, underscoring Volvo’s continued shift toward low-emission mobility.
Traditional mild-hybrid and internal combustion engine models saw a sharper contraction, falling 14% year-on-year to 29,865 units.
Among individual models, the XC60 remained the company’s best-seller with 16,267 units, followed by the XC40/EX40 at 13,965 units and the XC90 at 8,304 units.
For the January–November period, Volvo’s total sales fell 8% to 634,993 units, while electrified models declined 10%, in line with Volvo’s planned transition toward a fully electric portfolio.
Volvo Cars reaffirmed that its electrification strategy continues despite market fluctuations, with the company aiming to strengthen its position in the rapidly evolving global EV landscape.
