In coming years, Volvo is expecting EV variants to outsell other models and by 2025, 50 percent of sales is expected to come from EVs
Electric Vehicles are the trend of automotive industry and every manufacturer is working on some sort of EVs that will start rolling out by the end of this year. Volvo is not falling behind the competition as Thomas Ingenlath, Chief Designer of the brand, confirmed that the first electric vehicle from the Swedish maker is going to be a variant of XC40. It will be launched soon after Polestar 2 in 2019.
The company is taking a different approach compared to other manufacturers as Volvo doesn’t want to launch an EV specific model, instead the company will add EV as a variant to current models. All the future models of Volvo will be developed for both combustion and EV powertrain which will help the brand in long run as they give both options for customers.
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Volvo’s future portfolio includes mild hybrid, hybrid and full EV. The second model to get full EV treatment will be next generation XC90, which will make its debut in 2022 and it will be manufactured at new plant in USA, which commenced manufacturing with new generation S60. The Polestar sub-brand will develop EV only model which is the focus of brand right now.
The XC40 EV and XC90 EV will be powered by lithium battery pack with good performance and excellent range. In coming years, Volvo is expecting EV variant to outsell other models and by 2025, 50 percent of sales is expected to come from EVs. The company is not experimenting with different body style or format with Volvo as it is an established brand in the market and don’t want to ruine reputation.
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But with Polestar they could take that bold step and move forward, even if the project didn’t succeed it won’t create a big problem. Volvo already announced that by the end of 2019 every model will have some sort of electrification like mild-hybrid or plug-in hybrid system to improve efficiency and reduce emissions which is very important for the brand.