Volvonow owned by the Chinese group Geelywas one of the first, if not the first, traditional companies to announce that it would aim for a All-electric range. At the time of the announcement the 2030 It seemed far away, but now it is practically around the corner, and even the Swedish brand has to deal with the market fluctuations.
The CEO Jim Rowan he is a great supporter of electric motorization, so much so that he defines it as the best ever, but some of his recent statements have led to imagine a revision in his company’s programs. “It may take some time to connect different parts of the world for complete electrification“, he said, adding that “Plug-in hybrids and mild hybrids remain very strong and popular among our customers and we will continue to invest in this range“.
A similar position to other competitors, with the difference that Volvo’s current and future launches, for now, are exclusively electric. Rowan’s words could suggest that Hybrid cars will remain in the range longer than expectedto offer flexibility to the sales network.
Volvo’s numbers, on the other hand, indicate that the road to electric is going rather well. Despite a decline in the United States, where the electric market is growing, in Europe it recorded a +80%In the first half of 2024, Volvo sold 90,760 electric vehicles, up 53% compared to 59,260 sold last year, and it is worth noting the delay of the EX90. As a result, electric cars have represented 26% of total saleswith the company plan to reach 50% by 2025, with the remainder of sales coming from hybrids.
Source: greenmove.hwupgrade.it
