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Volvo affirms saloons and homes to remain part of a line-up

Volvo has affirmed it will supplant its long-standing ‘S’ saloon and ‘V’ estate models, regardless of SUVs currently representing 75% of its total sales.

The firm’s global best-seller, the Volvo XC60 SUV, sold more units (162,600) in the initial 3/4 of 2021 than the S60, V60, S90 and V90 joined. Volvo CEO Håkan Samuelsson said: “Yes, the [S and V] lines will be replaced with something even more attractive to consumers. We need lower cars with a more conventional body size but maybe a little less square [than previously]. These low cars will be in addition to our high-positioned SUVs. Stay tuned.”

When inquired as to whether the state of the Volvo C40 Recharge SUV would prompt more coupé-inspired Volvos, Samuelsson said: “Yes and no. Cars will be less boxy in future, when we need to have lower air resistance. You could call it coupé-ish. We talk a lot about range in electric cars, but I think we will start looking at energy efficiency, and of course air resistance will be very central to that.”

Earlier this year, Samuelsson let Autocar know that the Swedish creator will expand its line-up of SUVs while scaling back traditional saloons and homes, so Volvo traditionalists will be happy to hear that the V and S lines will proceed in some form. In any case, they are probably not going to carry the V and S designations, as Volvo affirmed in July that it will give future models names, rather than alphanumerics.

Samuelsson is set to step down as Volvo SEO in March, to be supplanted by ex-Dyson Group CEO Jim Rowan. He will likewise Volvo’s board of management however keep on serve as chairperson of EV performance brand Polestar.

Volvo is additionally moving its production priorities. It as of now builds 15,000 EVs annually, yet by autumn next year that capacity will increment to 150,000 EVs. On its expect to have 50% EV sales by 2025, Volvo’s CFO, Björn Annwall, said: “You need customers who want EVs, and we’re fully confident ours do. You need great cars, which we have.”

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Volvo will create a new Polestar 3 electric SUV in South Carolina

Swedish carmaker Volvo plans to create another superior SUV for its electric Polestar brand at a plant in Charleston, South Carolina, the organization said Wednesday.

It will be the main vehicle created locally for Polestar, which was shaped in 2017 by Volvo Cars and its China-based parent organization, Geely Holding Group. It likewise is relied upon to be one of the primary electric vehicles, if not the first, delivered by Volvo in the U.S.

Polestar CEO Thomas Ingenlath said the new Polestar 3 SUV will “totally” be the new leader for the brand as it extends its setup and retail network in the U.S.

“It will be a big milestone for our brand,” he told CNBC during an interview. “The expression of the car will be so much Polestar and show where our brand is going in the future ahead.”

Volvo is contributing $118 million for creation of the Polestar 3 at the South Carolina plant. The vehicle is relied upon to go into creation in 2022. It will have a similar stage as the cutting edge Volvo XC90, which additionally will be created at the plant.

Polestar is extraordinary, as it’s an electric-vehicle brand from a set up automaker, as opposed to another EV fire up or a conventional auto brand adding EVs to its setup. Such a design permits Polestar to move rapidly while having the assets of a set up automaker to depend on when required, as indicated by Ingenlath.

In April, Polestar reported that it had raised $550 million from a gathering of long haul outer financial backers and that more gathering pledges was a chance.

Polestar as of now works in 13 nations, with plans to sell a huge number of vehicles worldwide.