Volvo Car Malaysia had a fantastic 2022, recording its highest ever sales performance of 3,194 units sold in the year on the back of seven consecutive years of growth.

This represents a 43 per cent increase from 2022, largely driven by its newly launched Electric Vehicles and Plug-In Hybrids.

The two vehicles that played a major role in the Swedish brand’s great performance were both locally assembled in company’s manufacturing plant in Shah Alam.

They are the XC40 Recharge Pure Electric SUV and the C40 Recharge Pure Electric, the coupe version of the compact SUV.

Just as indication of the popularity of these models, the company is still fulfilling orders made last year for XC40 BEV while the C40 racked up more than 100 orders within the first 10 days of launch.

These numbers are an indication that Volvo is on the right path when it comes to the transition to Electric and Charles Frump, Managing Director of Volvo Car Malaysia, commented: “The launches of our first two locally assembled electric vehicles have been the catalysts of our sales growth.

With an increased market share of our fully electric vehicles globally, we are optimistic the same will apply in Malaysia. In ending a successful 2022, we are excited to drive an all-electric future as we reinforce our commitment to offer Malaysians freedom to move in a personal, sustainable and safe way.

At a global level, Volvo Cars’ total sales of 615,121 cars for the year 2022 was affected by supply chain and production restraints caused by component shortages and COVID-related lockdowns.

Still, the demand for Volvo cars remained consistent, with the sales of the overall Recharge lineup with Pure Electric and Plug-in hybrid powertrains reaching 43.8 per cent in December 2022, whereby fully electric cars accounted for 20.1 per cent of global sales for the same month.