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Volvo to sell only all-electric vehicles by 2030 – TechCrunch

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Volvo Vehicles mentioned it is going to solely make and promote all-electric automobiles by 2030, as a part of a broader transformation of the automaker that can embrace shifting gross sales on-line.

“The important thing to sustainability is electrification, mentioned Volvo Vehicles CEO Håkan Samuelsson throughout a presentation Tuesday. “Along with investments in charging infrastructure that’s the proper strategy to go and the course now we have chosen at Volvo.”

The announcement was tied to the launch of the C40 Recharge, a low slung crossover based mostly on the corporate’s CMA automobile platform. Whereas the C40 is the second automobile below Volvo’s EV-focused Recharge model, it’s the first mannequin designed from the start as a battery-electric solely automobile. All Volvo automobiles with absolutely electrical and plug-in hybrid powertrains are housed below the Recharge model. Just like the XC40 Recharge, the C40 may have an infotainment system powered by Google’s Android working system and the power to deal with over-the-air software program updates.

volvo c40 recharge

Picture Credit: Screenshot/Volvo

“It’s a automotive of firsts and it’s a automotive of the long run,” CTO Henrik Inexperienced mentioned, including that the C40 may have two motors, a 78 kilowatt-hour battery and an estimated vary of 420 km (260 miles) that can enhance over time by way of software program updates.

Volvo, which is owned by China’s Geely Holdings, goals for 50% of its world gross sales to encompass absolutely electrical automobiles, with the remainder hybrids. By 2030, each automotive it sells must be absolutely electrical, the corporate mentioned.

The corporate is effectively on its strategy to its electrification purpose, in accordance with Samuelsson, noting that final yr one automotive out of three offered in Europe was a Recharge mannequin, a rechargeable plug-in hybrid.

Volvo’s evolution isn’t simply pinned to the powertrain.

“The longer term buyer provide can’t simply encompass an electrical automotive,” Samuelsson mentioned. “We additionally must hearken to our shoppers, and so they count on transparency and a seamless expertise getting and having a automotive.”

Volvo will solely promote its all-electric automobiles on-line and at preset costs. Clients will be capable to subscribe or purchase the automobiles, which can comes with a buyer care bundle. The automobiles will even have pre-selected configurations to shorten the time between ordering and receiving a automobile.

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