Volvo preparing arrival of second all-electric vehicle | Car News

In March of future yr, Volvo will unveil a second all-electric car or truck and share even more information of its electrification method.

Recall that in 2019, Volvo outlined that it would launch a new all-electric design each yr till 2025. The manufacturer established a focus on of acquiring fifty percent of its throughout the world income consist of EVs by then.

Volvo unveiled that the design to be rolled out in the spring will share the basis of its to start with all-electric car or truck, the XC40 Recharge SUV. Known as CMA (Compact Module Architecture), this modular system will be ready to serve numerous other types in the several years to arrive.

Questioned about the new design, Volvo CEO Hakan Samuelsson informed the European division of Automotive News that it will have a “far more streamlined system” than the XC40 Recharge.

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Hakan Samuelsson reported the new design would not be a alternative for the compact V40. If it were, it would be positioned below the XC40 Recharge in the assortment and would automatically be priced decrease. “For Volvo to be profitable,” he added, “we have to have to aim on increased cost, far more top quality automobile segments”.

We’ll uncover out before long ample what Volvo has in mind for 2021, but we now know that the tempo of electrification is absolutely sure to decide up at Volvo. Hakan Samuelsson reported in early December that he expects Volvo to become an all-electric model inside of the future ten several years, so by 2030.

By now, the model has proven a individual top quality all-electric division, Polestar.

This yr, Volvo aims to have twenty percent of its throughout the world income consist electrified types. The bulk of these will be plug-in hybrids, as the all-electric XC40 Recharge is nevertheless in its infancy.

Keep tuned for far more information early future spring.