Volvo Cars', sales rose 27% in April from a year earlier to 65,838 cars, boosted by demand for electric and hybrid vehicles, the Sweden-based group said on Monday.
The transition to electric mobility is progressing around the world at different rates. Norway is of course the leader when it comes to electric car market share of new vehicle sales. China is the leader when it comes to sales volumes of electric cars as well as electric buses. In Africa, the transition to electric has often been described as potentially similar to the mobile phone revolution in that it could lead to a leapfrog transition where most will jump straight to electric mobility, totally bypassing the internal combustion age.
When pondering what’s really happening with the auto industry’s shift to electric vehicles, it’s important to remember that two things – two very different things – can be true at the same time.