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Volvo Cars May Sales Slip 12% YoY, EV Sales Drop 27%
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Volvo Cars, a subsidiary of GEELY AUTO (00175.HK)'s parent company Geely Holding, reported a 12% YoY drop in May auto sales to 59,822 vehicles, with BEV sales slipping 27%, accounting for 21% of total sales.

Sales of EVs, including hybrid cars, fell 20% last month, accounting for 44% of total sales.

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