Volvo’s EV Plans Outlined By A Series Of Regional Trademarks

All-electric models may include light SUVs, compact wagons, midsize SUVs, coupe SUVs, sedans, large SUVs, and even four-door coupes. Updated 3:45pm on 23/05/2023: Volvo Cars Australia did not comment on future models or nameplates, but did provide the following information… Source: www.carsales.com.au

Volvo’s Electrification Goals Advance With The Addition Of GigaPress Production.giga Casting Process

Volvo will install two 9,000 tonne Gigapress die-casting machines at its Slovakia plant to enable megacasting under a new contract with Hydra. European die-casting company Hydra Srl said new machinery to be delivered to Volvo could help position the carmaker’s Košice plant as a strategic hub. Source: www.repairerdrivennews.com

Volvo’s Fastest Electric Car Ever Is A Bargain

Volvo’s commitment to an all-electric future further accelerates with the debut of the new EX30. The new model is not only the smallest SUV in the lineup, but also the fastest product ever launched. This marks the beginning of a wave of battery-powered models planned for the next few years, and will continue into 2024… Source: gearjunkie.com

Made In Europe: Volvo’s EX30 Will Hit The Ghent Assembly Line From 2025

Volvo is expanding production capacity at its Ghent plant in Belgium to accommodate the EX30. The small electric crossover is expected to roll off the facility’s assembly line in 2025. Announced earlier this year, the Volvo EX30 is currently being produced in Zhangjiakou, China, with deliveries starting later this year. Source: www.autoevolution.com

Volvo’s All-electric Vehicle Sales To Nearly Quadruple In June 2023

Sales of Volvo’s fully electric cars have exceeded sales of plug-in hybrid cars for the first time. Volvo Cars USA reported that its U.S. car sales in June rose 53% from the same month last year to 12,933 vehicles. Sales in the first six months of this year were 59,750 units (up 18% year-on-year). Sales of Volvo’s plug-in electric vehicles Read More

Volvo’s EV Margin Declines In Q2, EX30 Expected To Change That

Volvo said that despite high electric vehicle delivery rates in the second quarter of 2023, EV margins declined due to higher lithium prices. But that is expected to change with the arrival of the Volvo EX30, Volvo’s smallest and cheapest electric SUV. Volvo doubled its EV sales in 2022 in a breakout year that included record total sales of $32 Read More