Volvo Cars April Sales Rise on Strong EV Demand
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.
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.
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.
Chinese electric vehicle maker BYD faced its weakest quarterly profit growth since 2022 due to a fierce price war in the world's largest auto market, posting a 10.6% increase in first-quarter net profit.