Volvo has announced that their new Volvo Electric Car will be made in China in 2019 and the car will be based on the same platform as the Volvo XC40.
The new Volvo Electric Car will go on sale in 2019 and it will be exported globally from China where it is being manufactured.
“Volvo Cars fully supports the Chinese government’s call for cleaner air as outlined in the latest five-year plan. It is fully in-line with our own core values of environmental care, quality and safety,” said Håkan Samuelsson, chief executive of Volvo Cars. “We believe that electrification is the answer to sustainable mobility.”
China is the world’s largest sales market for electrified cars and has ambitious targets to expand sales of fully electric and hybrid cars in order to address congestion and air quality issues in its cities.
Volvo’s Commitment to Sustainability
Volvo’s decision to manufacture its new electric car in China aligns with the company’s broader commitment to sustainability and environmental responsibility. By producing the vehicle in China, Volvo is not only tapping into the world’s largest market for electric vehicles but also supporting the Chinese government’s initiatives to reduce air pollution and promote cleaner energy sources. This move is part of Volvo’s larger strategy to electrify its entire vehicle lineup, with the goal of having electric cars make up 50% of its global sales by 2025.
The new electric car will be built on the Compact Modular Architecture (CMA) platform, which is the same platform used for the Volvo XC40. This platform is designed to accommodate both traditional internal combustion engines and electric powertrains, providing Volvo with the flexibility to adapt to changing market demands and regulatory requirements.
Global Impact and Market Strategy
Volvo’s decision to export the new electric car globally from China is a strategic move that underscores the importance of the Chinese market in the global automotive industry. China not only has the largest market for electric vehicles but also offers significant manufacturing capabilities and infrastructure to support large-scale production. By leveraging these advantages, Volvo aims to position itself as a leader in the electric vehicle market and meet the growing demand for sustainable transportation solutions worldwide.
In addition to its environmental benefits, the new electric car is expected to offer a range of advanced features and technologies that enhance the driving experience. These may include state-of-the-art battery technology, fast-charging capabilities, and a suite of driver assistance systems designed to improve safety and convenience. Volvo’s focus on quality and innovation ensures that the new electric car will meet the high standards that customers have come to expect from the brand.
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Source Volvo
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