The May sales report of Sweden-based Volvo Cars (OTCPK:VLVLY) (OTCPK:VOLAF) (OTCPK:VOLVF) showed a 13% rise in volume to 68,034 cars as compared to last year’s same month. It cites the strong performance in Europe as well as the company’s fully electric small SUV, the EX30, as the main reason for the surge, the group said on Wednesday. Region-wise: Europe remained strong, sales were up 27% Y/Y to 33,252 cars, with sales of fully electric cars up 34% Y/Y; China sales dropped 1% to 13,934 cars; US sales dropped 5% compared to last year, totalling 10,153 cars. Other regions saw a 15% rise in sales during May 2024, the company said. Sales of fully electric and plug-in hybrid models rose 37% to account for 48% of group sales globally. Fully electric automobiles accounted for 25% of all cars sold that month, the company said in a statement. The total sales for the period of January through May amounted to 316,559 cars globally, an increase of 15% compared to the same period in 2023. The Volvo XC60 was the top-selling model with sales of 20,507 cars, followed by the XC40, with total sales of 13,640 cars and the EX30 at 11,035 cars.