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Tuesday, March 28, 2023

Volvo Reportedly Plans Turning All Its Core Fashions Into EVs By 2026

Volvo Automobiles is reportedly planning an enormous EV offensive that may see all its core fashions be transformed into electrical automobiles by 2026.

In response to two folks with data of the plans cited by Reuters, Volvo goals to transform the subsequent generations of the S60 and S90 sedans into EVs, in addition to the XC40, XC60 and XC90 SUVs.

Now, it is price noting that Volvo already sells an all-electric XC40 – the Recharge – and the automaker not too long ago unveiled the EX90 all-electric mid-size SUV, which is extensively thought of the electrical equal to the XC90. The EX90 is that and extra, as Volvo refers to it as its all-electric SUV flagship.

The sources additionally famous that Volvo Automobiles has plans to introduce a luxurious electrical minivan geared toward boosting gross sales in Asia. All in all, they mentioned Volvo Automobiles, which is 82-percent owned by China’s Geely Group, is anticipated to launch not less than six new battery electrical automobiles by 2026, together with the already unveiled EX90 set to hit showrooms in early 2024.

Battery electrical automobiles within the pipeline embrace electrical variations of the Volvo XC90 (i.e. the EX90), XC60 and XC40 SUVs and the S60 and S90 sedans, the sources mentioned. The brand new launches are a part of Volvo Automobiles’ beforehand introduced aim to have a completely electrical lineup by 2030.

If the reported product plans are correct, they’d quantity to the biggest revamp of Volvo’s mannequin lineup since Geely bought the model from Ford Motor Firm in 2010.

The sources additionally mentioned the makeover for Volvo comes as the corporate locations a higher give attention to Asia and buyer developments there. One of many sources mentioned Volvo has moved growth work on sedans and the approaching minivan to its Shanghai analysis and growth hub that not too long ago tripled its design workers to about 60 folks.

Talking of Volvo’s electrical minivan, it could be based mostly on a brand new mannequin Geely sells in China, the Zeekr 009 electrical luxurious MPV. The three-row mannequin entered manufacturing final month in China and is priced from about 500,000 yuan or simply below $75,000.

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