Volvo has been steadily pushing into the electric vehicle (EV) market, aiming to have 50% of its global sales come from EVs by 2025. Now, according to a new report, Volvo is set to expand its EV lineup with a range of different vehicles. These include SUVs, sedans and even a luxury van. Through this bold move, Volvo is hoping to better compete in the growing EV market. In this blog post, we’ll take a look at the company’s plans for its expanded lineup and what it means for the future of electric vehicles.
Volvo’s EV plans
Volvo is planning to expand its electric vehicle lineup in the coming years, according to a new report. The Swedish automaker is reportedly planning to add electric versions of its SUVs, sedans, and even a luxury van to its lineup. Volvo has already announced plans to launch an electric version of its XC40 SUV later this year.
With more and more countries announcing plans to phase out gasoline and diesel-powered vehicles in the coming years, it’s no surprise that Volvo is looking to increase its EV offerings. Electric vehicles are seen as a key part of the future of the automotive industry, and Volvo wants to make sure it’s prepared for the shift.
The expansion of Volvo’s EV lineup is just one part of the company’s broader push into electrification. Volvo has said that all new models launched after 2019 will be available with an electric powertrain option. In addition, the company plans to launch five fully electric vehicles between 2019 and 2021. With these new EVs, Volvo will have a total of seven electrified models on the market by 2022.
New EVs coming from Volvo
Volvo is reportedly planning to expand its electric vehicle offerings in the near future, with a focus on SUVs, sedans, and luxury vans. The move would come as part of the company’s broader push into electrification, which has already seen the launch of its first all-electric car, the XC40 Recharge.
According to sources close to the matter, Volvo is currently working on a number of new EVs that are due to be launched in the next few years. These include an all-electric version of its popular XC60 SUV, as well as an electrified version of its S60 sedan. The company is also said to be developing an all-electric luxury van, which is expected to be based on the upcoming V60 wagon.
All of these new EVs are expected to use Volvo’s modular battery platform, which will allow for a range of different battery sizes and power outputs. This will give buyers a choice of vehicles with different performance levels and driving ranges.
Volvo’s expansion into the electric vehicle market is in line with its commitment to reduce its environmental impact. The company has set a target of having 50% of its global sales come from electric cars by 2025. With a growing range of EVs coming from Volvo, it looks like this goal is very achievable.