OUT OF THE BOX

Volvo’s first all electric car will be made in China

Volvo Cars, the premium car maker, will build its first fully electric car in China, the company announced today at Auto Shanghai in China.

The all new model will be based on Volvo’s Compact Modular Architecture (CMA) for smaller cars, and will be available for sale in 2019 and exported globally from China, Volvo said.

The decision to make its first electric car in China highlights the central role China will play in Volvo’s electrified future and underlines China’s growing sophistication as a manufacturing centre for the automotive industry.

“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 has a commitment to sell a total of 1m electrified cars – including fully electric cars and hybrids – by 2025. It is also developing a fully electric car on its Scalable Product Architecture (SPA). The Swedish company also plans to offer plug-in hybrid versions of every model.

Volvo has three manufacturing facilities in China in Daqing, which makes its 90 series cars, Chengdu, which makes its 60 series cars, and Luqiao, which will make its 40 series cars.

Liat

Recent Posts

Quantum Machines to Establish Flagship Hub at the Illinois Quantum and Microelectronics Park

New collaboration will establish a quantum-control–enabled center at the IQMP to accelerate and scale fault-tolerant…

1 day ago

SENAI raises $6.2M to launch real-time intelligence for threats hiding in online video content

With a seed round led by 10D Ventures, SENAI emerges from stealth to help government…

1 day ago

Dassault Systèmes and NVIDIA Partner to Build Industrial AI Platform Powering Virtual Twins

 Shared industrial AI architecture combines Virtual Twins and AI infrastructure deployable at scale. Science-validated world…

1 day ago

New Power Module Enhances AI Data Center Power Density and Efficiency

Microchip’s MCPF1525 power module with PMBus™ delivers 25A DC-DC power, stackable up to 200A The…

3 days ago

Datarails Launches Spend Control to Give CFOs Full Visibility on Contracts and Eliminate Zombie Subscriptions

New AI-powered platform – the first with full ERP integration – includes an AI agent…

3 days ago

AccuLine reports 94% sensitivity in clinical trial of its 4-minute cardiac diagnostic system

The study validated the CORA system’s ability to rule out coronary artery disease with a…

5 days ago