Volvo Car Malaysia Achieves Record EV Sales in 2024
Volvo Car Malaysia set a new record in its fully electric vehicle (BEV) segment, which made up 30% of total sales in 2024, an 18% increase from the previous year. BEV and plug-in hybrid (PHEV) models accounted for 83% of total sales.
The company sold 1,953 cars, with mild-hybrid (MHEV) models making up less than a fifth of sales. The new Volvo EX30 was well received, with the first batch selling out before local assembly. Volvo’s global sales grew by 8%, with electrified models making up 46% of total sales.
More Business News
Read More News on Business News Malaysia
Read More News on Business News Malaysia
The government has disbursed RM4bil under its RM15bil PowerUp 10K financing initiative, benefiting over 150,000…
More Malaysian women in finance are pursuing entrepreneurship, strengthening SME growth, innovation, leadership diversity, and…
Partnership integrates Sandoz biosimilars into Alpro Pharmacy’s OncoHelp programme to support patients from government hospitals…
Dayang Enterprise's 1QFY26 net profit soared 140.8% year-on-year to RM22.2 million, driven by improved margins…
Telekom Malaysia's 1QFY26 net profit fell short of expectations, impacted by a 5G-related write-down and…
MM Computer Systems Bhd offers customized IT solutions and outsourcing services, serving diverse clients including…
This website uses cookies.
