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VOLVO ELECTRIC VEHICLES

Volvo, owned by Chinese automaker Geely, targets 1 million electric vehicles or 10% of car sales by 2025 and build its first fully electric vehicle by 2019.

Tha company named its electric technology Drive-E.The strategy is based on the company’s new Scalable Product Architecture. The first element of the new electrification strategy involves the introduction of plug-in hybrid versions of it’s 90 and 60 series of larger cars. This process has already begun with the launch of the T8 Twin Engine All-Wheel Drive plug-in hybrid version of the new XC90 SUV and will continue with plug-in hybrid versions of the new S90 premium saloon and other forthcoming models. The Company will also broaden the range of plug-in hybrid cars it offers with the introduction of a new front-wheel drive Twin Engine variant.

The Chinese-owned automaker will further deepen its product offering with the introduction of an entirely new range of smaller 40 series cars based on its newly-developed Compact Modular Architecture (CMA), which, like SPA, has been designed from the outset for electrification. This makes the Group one of very few car makers in the world with two brand new vehicle architectures designed to support both plug-in and pure electric powertrain configurations. 

SALES | NEWS

VOLVO EV MODELS

VOLVO C30 DRIVe

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Premium Compact Car EV

VOLVO XC 60

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SUV PHEV

VOLVO V60

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Crossover PHEV

VOLVO 40.2 CONCEPT

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VOLVO S60L PHEV CONCEPT

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VOLVO 40.1 CONCEPT

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VOLVO XC 90

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Luxury SUV PHEV

VOLVO S90L T8

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VOLVO EV SALES

Go to our detailed breakdown of Global EV Sales to see how the Volvo electric car stratgey fares to its competitors in the fast-growing EV market.

GLOBAL EV SALES

VOLVO ELECTRIC CARS IN THE NEWS

2017 Week 29 - Volvo and Geely to form EV tech JV

The Swedish carmaker, Volvo, and the Chinese company, Geely is fostering deeper relationships in the worlds largest market for electric vehicles. In a press release by Volvo this week it was revealed that the companies would establish a new joint venture technology company to share existing and future technologies. We have seen this cooperative trend in China for the last couple of months, which is a departure from previous JVs between international and Chinese companies. In the past international automakers were forced by law to enter into JVs with Chinee companies to be able to sell their vehicles, which lead to mostly older generation models being dished up to the Chinese consumer as the international partners tried to protect their IP.

The JV company will be owned 50/50 by Geely and Volvo with its HQ in China and a subsidiary in Gothenburg, Sweden. The Memorandum of Understanding agreed to on the 20th of July between Volvo, Geely and newly formed LYNK & CO determined that the companies will share vehicle architecture and engine technologies via cross licensing arrangements of technologies managed by the new joint venture. The IP for the technology will remain with the company that developed it, but the technology itself will be available for use by Volvo, Geely Auto, and LYNK & CO, via license agreements. Volvo Cars and Geely already share technology, most notably the Compact Modular Architecture (CMA) which is being used by Volvo Cars for its soon-to-be-announced smaller range of 40 series cars and by LYNK & CO.

Separately, it is also announced that Volvo will acquire a minority shareholding in LYNK & CO.

2017 Week 26 - Volvo, Autoliv and NVIDIA to partner on self-driving cars

Volvo, Autoliv, and NVIDIA announced a partnership to develop AI systems to bring autonomous vehicles to market in 2021.

2017 Week 25 - Volvo creates EV sub-brand

Volvo created a high-performance electric vehicle company by rebranding its Polestar High-Performance Division. Volvo teased the new logo and announced the new management, under the leadership of its Design VP, Thomas Ingenlath, now Polestars CEO. Polestar will continue its engineering work under its old logo but will turn the sub-brand into an electrified global high-performance car company with the new branding.

2017 Week 20 - Volvo to stop developing diesel engines

Volvo‘s CEO Hakan Samuelsson this week in an interview with the German publication, Frankfurter Allgemeine Zeitung, confirmed that the Chinese-owned Swedish company would utilize the springboard offered by Tesla and focus on electric drivetrains and volov-40-wattev2buy-appstop developing volvo-40.2-wattev2buy-appdiesel engines. The company is expected to bring its first pure electric vehicle to market by 2019. The vehicle is expected to be based on one of its two Volvo 40 concepts revealed earlier this year shown here. Though it’s not decided if it would be an SUV or sedan, the electric car will be developed on the company’s new Modular Electrification Platform (MEP) and build in China. The EV will have a minimum range of 250 miles and priced around $40,000. Mr. Samuelsson acknowledges the role Tesla played in creating commercial interest for high-quality well-designed electric vehicles, an area aligned to Volvo’s strategy. Volvo just released a new improved range of diesel and petrol engines and with European regulation potentially adding as much as $340 per engine from 2020 diesel engines would just be too expensive to produce according to the CEO.

2016 Week 51 - Uber remains with Volvo pilot in Pittsburgh after being booted from San Francisco

This week Uber was forced to cancel its self-driving pilot in San Francisco, its hometown. Although regulators are in possession of footage showing an Uber pilot vehicle running a red light, barely missing a pedestrian, a claim the company contest that it was driver error and not the software, the ultimate decision was based on the company not following proper permitting procedures. Although the Californian DMV offered Uber assistance and a clear road to permitting the company and State could not agree on workable rules around Uber’s demand for its technology to be classified as SAE Level 3 automation. It is not the end of Uber’s efforts though as it is piloting retrofitted Volvo XC90 SUV’s and Ford Focus vehicles in Pittsburgh.

2016 Week 33 - Uber Autonomous partnership

1. Volvo Cars and Uber join forces to develop autonomous driving cars. The new base vehicle will be developed on Volvo Cars’ fully modular Scalable Product Architecture (SPA). SPA is currently used on Volvo Cars top-of-the-line multiple award-winning XC90 SUV, as well as the S90 premium sedan and V90 premium estate.

TOOLS TO COMPARE ELECTRIC VEHICLES

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EV SELECT

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wattEV2Buy’s easy to use EV Select tool helps identify which electric vehicle is perfect for your specific requirements. EV Select compare electric vehicles battery electric range over various vehicle types. Within four clicks you can get the perfect luxury sedan able to drive your required distance on battery power.

EV CHARGING COST

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wattEV2Buy’s easy to use Charging Cost Calculator compare electric vehicles charging cost in your state and relate it to equivalent gasoline cost. The charging cost calculator also allows you to be specific and customize your electricity cost in kWh and provide results in miles and kilometers, making it usable all over the world.

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