Volvo Confirms EV Plan for China
Volvo Car Corp. confirms a report last week that it has chosen China as the site to build its first all-electric vehicle and begin shipping it worldwide in 2019.
The company has not revealed whether the EV will be a car or crossover vehicle. But it confirms the model will ride on Volvo’s “compact modular architecture” for small cars. Volvo, a unit of Zhejiang Geely Holding Group, says it also is developing a larger fully electric car that will utilize the company’s “scalable product architecture.”
Volvo reiterates its goal of selling a cumulative 1 million electric and hybrid cars by 2025. The company intends to offer a plug-in hybrid option for every model it makes.
Volvo current produces cars at three factories in China: the 40 series small hatchback in Luqiao, the midsize 60 series in Chengdu and large 90 series car in Daqing.
The engineers at Munro & Associates have taken a perfectly sound BMW i3 and taken it apart. Completely apart. And they are impressed with what they’ve discovered about how the EV is engineered.
Chinese electric-car startup Nio Inc. is forming a manufacturing joint venture with Beijing E-Town International Investment and Development Co., which is investing 10 billion yuan ($1.5 billion) in the business.
Hyundai enters the American market with a new parallel hybrid system that uses lithium-polymer batteries and the same six-speed automatic found in non-hybrid versions of the 2011 Sonata.