Mexican Media Brands
Report: Volvo Will Build Its First EV in China
Zhejiang Geely Holding Group’s Volvo Cars plans to manufacture its first all-electric vehicle at a factory in Luqiao, China, in 2019, sources tell Automotive News Europe.
#hybrid
Share
Zhejiang Geely Holding Group’s Volvo Cars plans to manufacture its first all-electric vehicle at a factory in Luqiao, China, in 2019, sources tell Automotive News Europe. They say the vehicle will be sold locally and exported worldwide.
Volvo is expected to announce the plan next week at the Shanghai auto show, when Geely will unveil the Volvo XC40 and Lynk & Co. 01 small crossovers. All three models share the company’s new compact modular architecture and will be produced by the Luqiao plant.
Volvo also is developing all-electric vehicles that will ride on its larger scalable product architecture. The company said previously that it aims to put 1 million electric and hybrid-powered vehicle on the road worldwide by 2025. About 14% of Volvo XC90 large crossovers sold today are plug-in hybrids, according to the report.
RELATED CONTENT
-
About the 2020 Lincoln Aviator
Successful vehicles tend to be those that are available on a global basis, and increasingly, those vehicles tend to be in the SUV segment writ large.
-
Tesla Owners in Germany Ordered to Return Subsidy
Germany has ordered about 800 Tesla Model S electric cars owners to pay back a €4,000 ($4,700) government subsidy they received.
-
Startup Readies Solar-Powered EV
Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.