Swedish brand, Volvo has announced, during the celebration of the Hall of the Shanghai carits first fully electric-powered vehicle will be produced in China, confirming rumours that had long suggesting this strategy of the car maker. With this move Volvo makes clear the importance of this market in their plans for the future that, as in most brands, will pass through the electrification of its products.
Of the Swedish manufacturer is launching its first car 100% electric in 2019. In addition, his intention is that this first product to make its debut in the Chinese market, then exporting it to other markets. This first electric model will take as a base platform modular compact vehicles, known by its initials as CMA, in a version conveniently adapted for electric vehicles.
The Volvo officials declared in the Salon of Shanghai: “Volvo Cars fully endorses the call of the Chinese Government for cleaner air.” We believe electrification is the answer to sustainable mobility“.” In addition, insurance that also take into account that China is one of the largest markets in terms of electrified vehicles is concerned, so it is also a good business plan for the company Swedish; or so it seems.
Last year Volvo improved all records of sales volume of its history. However, sold more than 500,000 units are short and wants to go much further, setting the goal of delivering nothing more and nothing less than a million electric cars with hybrid and fully electric vehicles for the year 2025. A very interesting target, no doubt. Apart from the compact electric car that will debut in 2019, the manufacturer is currently developing an electric larger on the platform SPA.