Future Volvo electrified car to be built in China
Eventually joining the bandwagon, Swedish manufacturer Volvo has confirmed that it will introduce its very first all-electric vehicle to the market in 2019.
The announcement was made last week at the two thousand seventeen Shanghai auto demonstrate.
That proved to be an adequate stage, as the Chinese-owned maker plans on having the model produced in China.
The decision will permit the company to take utter advantage of the country’s technological advancement and growth, but will also permit it to tap into the world’s largest market for electrical cars.
Volvo is targeting an increase of its sales in China to 200,000 units by 2020, and to 800,000 globally.
It expects the electrified model will help it get to that number.
Volvo 40.Two concept
Building its very first all-electric car on Chinese soil falls in line with the country’s mix of carrots and rams to get more plug-in cars onto its roads quickly.
That objective stems from a desire to lower vehicular emissions, following some of the worst gigs of smog in China’s history, but also from the belief that the country has a shot at predominant global production of lithium-ion battery cells and electrical vehicles.
The fresh vehicle will be built on Volvo’s Compact Modular Architecture, dedicated to smaller cars, and will be marketed globally.
Expected to be priced under $40,000 in the U.S., making it a potential rival to the Chevy Bolt EV and Tesla Model Three, Volvo’s electrical car could potentially suggest an electrified range of two hundred to two hundred fifty miles.
The fresh electrical vehicle will be built at the Luqiao plant, alongside the fresh XC40 crossover expected later this year.
Two other Volvo plants roll out products presently on the market, including the S90 large luxury sedan whose global production was recently transferred from Sweden to Daqing.
Volvo 40.1 concept
Volvo became the very first Western manufacturer to export a premium product out of China last year; its Chengdu plant will be responsible for building the sixty series, including the S60 Inscription.
They will also be built at a fresh plant now under construction in the United States as well, Volvo’s first-ever North American assembly site.
And the electric-car plans don’t stop here: Volvo plans to develop an electrical model using its larger Scalable Product Architecture that’s used for its mid-size sixty and large 90-based sedans, wagons, and crossovers.
The company has been encouraged by the sales of the plug-in hybrid XC90 that account for fourteen percent of the model’s global sales.
Similar statistics are anticipated for the hybrid XC60; Volvo is targeting one million electrical and plug-in hybrid sales by 2025.
For all the latest green concept cars and production vehicles that were shown in China last week, visit our Shanghai auto demonstrate news page.
