Volvo Plans For 50 Percent Of Sales To Be EVs By 2025

Sergio Conner
April 25, 2018

The car's first public debut in Beijing is a strategic move by Polestar, which is targeting China as its primary market.

The Chinese government has stated that by 2025, more than 20 per cent of the country's auto sales should be powered by new energy - i.e. electric and hydrogen fuel cells - which totals more than seven million vehicles, according to government predictions.

The stated goal of the company is that by 2025, half of the Volvo vehicles sold to be electric, a bald expansion of the previous commitment of having either a mild hybrid, a plug-in hybrid or a battery electric vehicle for every new model releases from 2019 onwards.

"We recognize the Chinese market's potential for electric vehicles, and Polestar has the strength to take advantage of these opportunities", explained Wu.

Spider-Man will go global in Homecoming sequel
The Spider-Punk outfit is also a pre-order bonus, which you can purchase at any game retailer or on the PlayStation Store . The third and final suit in the pack has yet to be revealed, and won't be until sometime in July.

Palestinian lecturer's body 'to return to Gaza from Malaysia'
Batsh was a lecturer at Universiti Kuala Lumpur , specializing in power engineering, according to the university. United Kingdom weapons are now being used by Israel against Palestinians, according to anti-arms campaigners.

Google turns pistol emoji into water gun in new update
According to a report published by Emojipedia , Google is updating its pistol emoji in favor of a toy water gun. Pistol emoji in 2016; the tide has turned and now many won't want to be left on the opposite side of the fence.

At the Beijing Auto Show, Volvo Cars will visually reinforce the company's position as an industry leader in electrification with all cars on display plugged-in.

Volvo is also displaying its three SUVs, which are available worldwide - the XC40, pictured, XC60 and XC90, the former of which is making its first appearance as a T5 PHEV.

"Last year we made a commitment to electrification in preparation for an era beyond the internal combustion engine", said Hakan Samuelsson, president and CEO of Volvo Cars. Further powertrain options, including a hybridized as well as a pure electric version, will be added later. The country is also Volvo's largest market, selling more than 100,000 cars there previous year. In 2018, Volvo has achieved a 23 percent growth in sales for the first quarter in China, providing it with a boost to record a 14% global increase in the year-to-date.

The early success of the XC40 supports Volvo Cars' expectations of strong demand for its new small SUV in China.

Other reports by

Discuss This Article