Global registrations were up 1% in September and for the year so far +10% when compared with the same period in 2023. That's a good result for the marque. So let's break things down.
The XC90 is to be replaced by the fully electric EX90. Ambitions in that regard have to be monitored as changes in the market dictate direction and timescale.
By Region: Europe has become an even more important region for Volvo with half of all sales being achieved here. Everywhere else had a reduced share of the pie. It is getting imbalanced and I would have thought it not ideal.
Going Electric: The company has backed off its 100% BEV (electric) goal by 2030. Now it's just 90% BEV and PHEV (hybrid). BEVs are not popular everywhere and in some cases won't be any time soon. 
The new EX30 is off to a good start and has added impetus to the growth. The new EM90 electric MPV has just arrived and will be an interesting addition to the range. The new electric EM90 is pictured at the top of the article and the EX90 - XC90 replacement is below.
To emphasise that point, as things stand at present, nearly 80% of Volvo's BEV sales for Volvo are in Europe. I find China's shrinking BEV sales unusual, thinking such vehicles would be more popular there.
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