Vol­vo com­mits to ful­ly e­lec­tric fu­tu­re

George Herald - Auto Dealer - - Jaguar Simola Hillclimb -

Vol­vo Cars aims for ful­ly e­lec­tric cars to ma­ke up 50% of its sa­les by 2025. The an­noun­ce­ment builds on Vol­vo Cars’ 2017 in­du­stry-first an­noun­ce­ment that all new mo­dels re­le­a­sed from 2019 will be a­vai­la­ble as either a mild hy­brid, plug-in hy­brid or bat­te­ry e­lec­tric vehi­cle.

The com­pa­ny’s stra­tegy to ge­ne­ra­te half of its sa­les from e­lec­tric cars by 2025 po­si­ti­ons it as a po­wer­ful play­er in C­hi­na, the wor­ld’s le­a­ding mar­ket for e­lec­tric cars.

The C­hi­ne­se go­vern­ment plans to ha­ve ne­w­e­ner­gy vehi­cles ac­count for mo­re than 20% of the coun­try’s an­nu­al car sa­les by 2025, which e­qua­tes to mo­re than se­ven mil­li­on vehi­cles, ba­sed on C­hi­ne­se go­vern­ment fo­re­cas­ts.

“Last y­e­ar we ma­de a com­mit­ment to e­lec­tri­fi­ca­ti­on in pre­pa­ra­ti­on for an era beyond the in­ter­nal com­bus­ti­on en­gi­ne,” said Hå­kan Sa­mu­els­son, pre­si­dent and CEO of Vol­vo Cars. “Now we rein­for­ce and ex­pand that com­mit­ment in the wor­ld’s le­a­ding mar­ket for e­lec­tric cars. C­hi­na’s e­lec­tric fu­tu­re is Vol­vo Cars’ e­lec­tric fu­tu­re.”

The Vol­vo XC90 T8 is the most success­ful hy­brid SUV in South A­fri­ca, out­sel­ling its Ger­man coun­ter­parts by a sig­ni­fi­cant mar­gin of 4:1, ac­cor­ding to Naam­sa’s 2017 fi­gu­res.

G­reg Ma­ruszew­ski, MD of Vol­vo Car South A­fri­ca, says, “The success of our T8 in the lo­cal mar­ket puts Vol­vo in a very strong po­si­ti­on in the hy­brid and e­lec­tric vehi­cle seg­ment, and that is es­pe­ci­al­ly im­por­tant in toug­her mar­kets, such as ours. We’re con­fi­dent that Vol­vo will con­ti­nue to le­ad as e­lec­tri­fi­ca­ti­on gains a foot­hold in South A­fri­ca and furt­her a­field.”

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