Volvo Cars will increase the annual output of pure electric vehicles at its Ghent plant in Belgium and Taizhou plant in China. By the summer of 2022, the output of pure electric vehicles at these two plants will increase from the current approximately 15,000 to at least 150,000. Vehicles.

　　On November 30, Volvo Cars stated that although the spread of the new crown epidemic in Southeast Asia has caused a shortage of supply in the automotive industry, which affected the company’s production and sales of cars in the third quarter, the company’s sales and revenue in the first three quarters have maintained growth.

　　In the third quarter of this year, Volvo Cars' revenue was 60.8 billion Swedish kronor (about 6.58 billion US dollars), a year-on-year decrease of 7%; operating profit was 3.3 billion Swedish kronor; net profit was 2.3 billion Swedish kronor; operating profit margin was 5.5%; Net cash flow was 12.1 billion Swedish kronor.

　　In the first three quarters, Volvo Car's revenue was SEK 2020 billion, higher than SEK 177.5 billion in the same period last year, an increase of 14% year-on-year; operating profit was SEK 16.6 billion, higher than SEK 3.6 billion in the same period last year; operating profit The rate is 8.2%.

　　(Image source: Volvo Cars)

　　In the third quarter, Volvo Car's global sales were 149,900, a year-on-year decrease of 17%. Rolling sales in the past 12 months were approximately 741,200 vehicles. Volvo Car’s CEO Hakan Samuelsson said, “The company’s production in the third quarter fell by about 50,000 units compared to the same period last year, while sales fell by about 30,000. In the fourth quarter, the supply situation has improved, but we expect the entire The semiconductor shortage facing the automotive industry will remain a constraint."

　　In the third quarter, Volvo Cars’ electric vehicle sales accounted for 26% of total global sales. Among them, plug-in hybrid vehicles accounted for 22% of total sales, while pure electric vehicles accounted for 4% of total sales, which proves the company’s Electric vehicles are very attractive to consumers.

　　In October, Volvo Cars began to produce the second pure electric model Volvo C40 Recharge. The company will increase the annual output of pure electric vehicles at its Ghent plant in Belgium and Taizhou plant in China. By the summer of 2022, the output of pure electric vehicles at these two plants will increase from the current approximately 15,000 to at least 150,000. Vehicles.

　　This article is reproduced from Gasgoo.com