2024 was a landmark year for Volvo Cars Singapore, with the company recording a 38% year-on-year growth in car sales.
Notably, electric vehicles (EVs) played a pivotal role in this success, constituting 58% of total sales.
The star performer was the newly launched Volvo EX30, which became the brand’s best-selling model in Singapore. Together with the EX40 and EC40, these fully electric models make up Volvo’s current vehicle portfolio in Singapore.
Corinne Chua, Managing Director for Volvo at Wearnes, attributed this growth to the trust and confidence of Singaporean drivers. “The success of models like the EX30 and EX40 reflects our ability to meet the evolving preferences of our customers, who increasingly prioritise technology, safety, and sustainability. We remain committed to delivering premium electrified solutions that inspire confidence and contribute to the future of motoring in Singapore,” she said.
Globally, Volvo Cars has set ambitious goals, with more than 90% of its sales expected to come from electrified vehicles in the near future. Locally, the EX30, EX40, and EC40 have been pivotal in promoting this vision.
Looking ahead, Singaporean consumers can anticipate the arrival of the Volvo EX90 in 2025. Touted as a masterpiece of Scandinavian design, this model promises state-of-the-art safety features, sustainable performance, and a seamless blend of luxury and innovation.
Volvo Cars’ commitment to sustainability extends beyond vehicle electrification. The brand is steadfast in its goal of achieving net-zero greenhouse gas emissions by 2040.
As the brand accelerates into 2025, its trajectory is clear: a dedication to crafting vehicles that embody freedom, safety, and sustainability.
For more information or to explore Volvo’s latest offerings, visit the Volvo Cars Singapore website.
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