Volvo Predicts 10% of Sales to be Electrified by 2020

Volvo Predicts 10% of Sales to be Electrified by 2020

Posted 01.27.16 in News by Steve

"We believe that the time has come for electrified cars to cease being a niche technology and enter the mainstream," said Håkan Samuelsson, President and CEO of Volvo Cars, in a release from the end of 2016 outlining the company's global electrification strategy. "We are confident that by 2020, 10% of Volvo’s global sales will be electrified cars."

According to the release, the plan includes introducing more plug-in hybrids across their product line. The company also says it will develop a new range of smaller electric cars and build an all-electric car for sale by 2019.

The first part of the strategy involves the introduction of plug-in hybrid versions of its 90 Series and 60 Series cars and SUVs with all wheel drive. The Scalable Product Architecture (SPA) used in these cars is a modular chassis system that uses a Volvo four-cylinder engine and is designed to easily accommodate the company’s preferred Haldex AWD system and the larger battery packs and electric motors required for plug-in hybrids. The platform allows the manufacturer to more easily replace individual components to make a vehicle meet market needs.

The XC90 T8 plug-in SUV is the first vehicle to use SPA. The all-new flagship sedan, the S90, is scheduled to have a T8 plug-in variant available by the end of 2016.

The Swedish car maker will also broaden the range of plug-in hybrid cars it offers with the introduction of a new front-wheel drive Twin Engine variant.

Volvo is also planning an entirely new range of smaller 40 Series cars based on its newly-developed Compact Modular Architecture (CMA), which, like SPA, has been designed from the outset for electrification.

Lastly, the automaker says it will build an all-electric car for sale by 2019.

A hands-on drive review of Volvo's XC90 T8 seven passenger SUV appeared in the 2015 Plug-In SUV Buyer's Guide. The guide was printed in the 2015 Q3 issue of Electric Car Insider magazine. Current issues of Electric Car Insider are available at hundreds of newsstands throughout the U.S. and Canada including Barnes & Noble. Never miss an issue by subscribing. The online version of the XC90 T8 review can be read here.

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