Volvo wants to sell 1 million electrified vehicles by 2025

Standard

Volvo announced on Thursday morning that it has set the ambitious goal of selling 1 million electrified vehicles by 2025. “Electrified vehicles” is the industry umbrella term for hybrid, plug-in hybrid and electric vehicles. The company plans to achieve this objective by offering “at least two hybrid versions of every model in its range.” Moreover, it will be releasing its first all-electric car in 2019.“It is a deliberately ambitious target,” Håkan Samuelsson, Volvo Cars president and chief executive, said in the release. “It is going to be a challenge, but Volvo wants to be at the forefront of this shift to electrification.” While the first Volvo EV will be significant, perhaps more striking is the two hybrid versions of every model the Swedish carmaker makes. Some automakers offer both a hybrid and plug-in hybrid version of some of its models. However, none offers two hybridized versions of every model.

Source: Volvo wants to sell 1 million electrified vehicles by 2025

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s