‘At Least Two Hybrid Versions of Every Model…
And Releasing the First All-Electric Car In 2019:’
‘It is a Deliberately Ambitious Target,’ Says the CEO
Volvo Cars says it hopes to sell as many as a million electric vehicles by 2025, and that it “plans to achieve this aim by offering at least two hybrid versions of every model in its range and releasing the first all-electric car in 2019.”
“It is a deliberately ambitious target,” Volvo president and CEO Håkan Samuelsson said in a release.
“It is going to be a challenge, but Volvo wants to be at the forefront of this shift to electrification,” he said.
SPA and CMA
Volvo says it’s been preparing for “the emergence of electrified vehicles” for five years. The firm has developed two Scalable Product Architecture and Compact Modular Architecture – for larger and smaller cars. Both SPA and CMA can incorporate either hybrid or fully electric car technology.
Volvo’s larger 90 series and 60 series cars are to be built on SPA, and the company pledges to launch a global range of smaller CMA-based series 40 as well. “All of these cars will have electrified versions,” Volvo says. “The one million electrified car target is a cumulative total.”
“Sustainability,” said Samuelsson, “forms an integral part of everything we do. It is simply our way of operating.”
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Source: Volvo Cars with Fleets & Fuels follow-up