The Geely-owned manufacturer will build and sell its first fully electric vehicle in China
Volvo is to launch its first electric car in China in 2019.
The car will be sold within China and also exported globally, the company confirmed at the Auto Shanghai conference, although it did not confirm any further specifications.
The car will be based on the ‘compact modular architecture’ (CMA) [seen above] that the Swedish automaker co-developed with Lynk & Co, also part of Zhejiang Geely Holding, Volvo’s owner.
The EV will be manufactured at Volvo’s plant in Luqiao, in south-eastern China, alongside models such as the XC40 compact SUV, and Lynk & Co’s 01 crossover, its first model, reported Automotive News Europe.
“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.”
In February Volvo’s senior director of Electric Propulsion Systems, Mats Anderson, said the CMA platform would support battery packs of up to 100 kWh. In addition, he announced that the company would be releasing another plug-in hybrid in 2018, joining its XC90 model which has been on the market since 2014.
The company has three manufacturing facilities in China: Daqing, which makes its 90 series cars; Chengdu, which makes its 60 series cars; and Luqiao, which will make its 40 series cars.
According to recent statements, Volvo plans to have deployed 1 million EVs by 2025.