Volvo announces the launch of a new all-electric vehicle as early as March 2021. The brand has already announced that in 2025 it intends that this type of vehicles will represent 50% of its sales.
Volvo announces the launch of a new all-electric vehicle as early as March 2021, according to the Automotive News Europe website . This new model comes within the scope of the brand’s objectives, which will start to build the engines of its electric cars in Skövde and has already announced that in 2025 it intends that this type of vehicles represent 50% of its sales.
When launching this new electric car, Volvo promises to publicize its strategy for electric mobility. Until then, not much is known about this new EV, but it is certain to use the well-known modular platform for electric vehicles of the Swedish brand, the CMA. This same platform is already the basis for the Volvo XC40 Recharge.
Volvo CEO Hakan Samuelsson has even told Autonews that he intends to remain suspicious about this new launch. And he argued that «for Volvo to remain profitable, we must focus on new premium segments, with higher prices».
Hakan Samuelsson has also said that the Swedish brand intends to become a 100% electric car manufacturer by 2030. Volvo will also be working on an entry-level model, with zero emissions, to reach the other extreme to other consumers.