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Geely's automaker Volvo Car Corp now aims to have at least 50 percent of its car sales fully electric
by 2025.
Volvo plans to sell at least 50% electric vehicles by 2025
This plan builds on the plan announced earlier, starting in 2019 to move to full electrification, i.
e.
mild hybrids, plug-in hybrids and all-electric vehicles
.
Considering that Volvo Cars is now owned by China's Geely Automobile Company and that China's electric vehicle market is booming, the new plan is not surprising at all, and stands in the company's position
as a foothold in the world's top car market.
"Last year, we focused on electrification to prepare ourselves for
the era of electric vehicles.
" Håkan Samuelsson, President and CEO of Volvo Car Corporation, explains: "Today, we are strengthening and expanding this commitment
in the world's leading electric vehicle market.
China's electric future is Volvo Cars' electric future
.
”
According to the Chinese government's forecast, it is planned that new energy vehicles will account for more than 20% of the country's car sales by 2025, equivalent to more than 7 million vehicles
.
Soon, production of the XC60 T8 twin engine began in China, which means that soon all three Volvo Cars plants in China, located in Luqiao, Chengdu and Daqing, will produce plug-in hybrids or battery electric vehicles
.
The launch of the new XC40 and the company's deep commitment to electrification put Volvo Cars on track to achieve its ambition to further increase its market share in the world's largest car
.
，
Geely's automaker Volvo Car Corp now aims to have at least 50 percent of its car sales fully electric
by 2025.
Volvo plans to sell at least 50% electric vehicles by 2025
Volvo plans to sell at least 50% electric vehicles by 2025This plan builds on the plan announced earlier, starting in 2019 to move to full electrification, i.
e.
mild hybrids, plug-in hybrids and all-electric vehicles
.
Considering that Volvo Cars is now owned by China's Geely Automobile Company and that China's electric vehicle market is booming, the new plan is not surprising at all, and stands in the company's position
as a foothold in the world's top car market.
"Last year, we focused on electrification to prepare ourselves for
the era of electric vehicles.
" Håkan Samuelsson, President and CEO of Volvo Car Corporation, explains: "Today, we are strengthening and expanding this commitment
in the world's leading electric vehicle market.
China's electric future is Volvo Cars' electric future
.
”
According to the Chinese government's forecast, it is planned that new energy vehicles will account for more than 20% of the country's car sales by 2025, equivalent to more than 7 million vehicles
.
Soon, production of the XC60 T8 twin engine began in China, which means that soon all three Volvo Cars plants in China, located in Luqiao, Chengdu and Daqing, will produce plug-in hybrids or battery electric vehicles
.
The launch of the new XC40 and the company's deep commitment to electrification put Volvo Cars on track to achieve its ambition to further increase its market share in the world's largest car
.
，
