Volvo plans overtaking Tesla in next 10 years as part of delivering one million plug-in models by 2025
Volvo boss Håkan Samuelsson has announced that his company plans on overtaking American EV maker Tesla over the next decade instead of targeting big electric vehicle manufacturers like Renault and Nissan. He revealed a whole range of plug-in vehicles about to come on sale before the end of 2020. It will be led by a S60-alike Tesla Model 3 rival in 2019. It will be built on the flagship S90 and XC90’s Scalable Product Architecture (SPA) platform designed with considering all-electric powertrain.
The electric models will be practical as well as innovative and will follow the route of Tesla in terms of design and technology – bringing value to customers and improving emotional value of the car will be key. Taking at the unveil of Volvo’s new V90 Cross Country, pure performance premium cars with electrification is what Volvo aims at said Samuelsson.
He emphasised to AutoExpress the emotional factor and higher price tag again with better functionality, connectivity and service. The first-electric car is to have a range of 300 miles with Tesla-competing performance level and considering the body-style it could be as big as XC60 SUV to brag against the Model X. Following the plug-in EV will be the successor to V40 hatchback and soon after we could see the front-wheel driven premium hatchback with plug-in provision.
They will be accompanied by XC40 small SUV and S40 sedan. These models hasve been confirmed to be based on the new Compact Modular Architecture (CMA) developed jointly with Chinese owners Geely. The electrical architecture will be shared between the CMA and SPA alongside other conventional engine systems. The modular 2.0-litre four-cylinder petrol and diesel engines will be added with small-displacing 1.5-litre three-cylinder motors in CMA based vehicles.
This is in confirmation with Volvo downsizing its engines to 2,000cc or below capacity. The new generation V40 hatchback coming next year will get the first taste of 1.5-litre units. The new platform is said to enable wider range of technologies available across all models.