When Volvo Cars revealed the fully electric Volvo C40 Recharge the other day, one of the most notable parts of the announcement was Volvo’s strong commitment to 100% fully electric vehicle sales by 2030 (and 50% by 2025). In fact, Volvo Cars CEO Håkan Samuelsson made such a strong statement … [continued]
The Volvo XC90 is on track to become the brand’s second fully electric vehicle behind the XC40 Recharge and this week the company announced that it will build the next generation XC90 at its only US plant, in Ridgeville, South Carolina.
Volvo sees the opportunity in building a line of lucrative, low or no emission vehicles that are attractive to not only regulators, but customers to set them apart as leaders in the fight against climate change.
Volvo CEO Hakan Samuelsson says he expects profit margins of electric vehicles and conventional cars will reach parity in about 2025 as the cost of building EVs declines and the cost of manufacturing conventional cars increases.
Volvo has announced that every car it makes will come with a battery and an electric motor starting in 2019. It will also bring its first all electric car to market that year.
Before then backtracking a bit for whatever reason, the CEO of Volvo Cars was quoted by Germany’s Frankfurter Allgemeine Zeitung as saying that the company’s current generation of diesel engines was likely its last.
Volvo has big plans for 2019. In addition to building its first all-electric models in a new, Chinese factory, the Swedish car brand plans to launch its first round of “fully” autonomous cars in cooperation with Autoliv.
Originally published on EV Obsession. The Volvo V90 wagon plug-in hybrid — a new sibling to the S90 sedan and the XC90 SUV — was recently unveiled in the Swedish capital of Stockholm. The reason that the 3 vehicles mentioned above are “siblings” (as the “90 Series”) is that they … [continued]
