Volvo is gearing up for an electric blitz to convert all its mainstay models — three SUVs and two sedans — into electric vehicles and to introduce a luxury electric van aimed at boosting sales in Asia, two people with knowledge of the plans said.
The Swedish car maker, 82 per cent owned by China’s Zhejiang Geely Holding Group, is expected to launch at least six new battery electric vehicles through 2026, the two people told Reuters.
Volvo has announced an objective to make its entire line-up fully electric by 2030. The company’s Australia unit has said it plans to sell only EVs in that market by 2026.
The previously unreported product plans amount to the largest revamp of Volvo’s model line-up since Geely acquired the brand from Ford Motor in 2010.
Under Geely, Volvo initially started to share technologies such as car platforms with the company.
The makeover for Volvo, a Swedish brand that built a reputation for safety and utilitarian design, follows from a greater focus on customer trends in Asia and a push to win sales there, the people said.
The two people with knowledge of Volvo’s planning asked not to be named because details have not been announced by the company. Geely declined to comment.
Among the new battery electric cars being planned for the next four years is a Volvo-branded MPV or van that would be based on a vehicle Geely’s Zeekr brand sells in China.
Called the Zeekr 009, the hulking, battery-electric van, which starts at about 500,000 yuan ($74,179), offers three rows of seating.
The vehicle competes against the likes of the Toyota Alphard, a business or family van, with plane business class-like seats for passengers that has proven popular in Asian markets such as China and Japan as a limousine alternative.
Volvo has moved development work on sedans and the coming people-mover model to its Shanghai research and development hub, they said. That centre, which has tripled its design staff to about 60 people, has recently moved to a new and larger building in Shanghai, one of the sources said.
The first of Volvo’s new planned electric models, the EX90 sport-utility crossover, was unveiled late last year. It is expected to hit showrooms in early 2024.
Other battery electric cars in the pipeline include electric versions of Volvo’s mainline products — the XC90, XC60 and XC40 crossover vehicles and the S60 and S90 sedans, the sources said.
Those mainline cars will follow Volvo’s established, simple design cues, but the new MPV will target buyers in China and other markets with a more “emotional” design that builds from the Zeekr 009, which features a massive, LED-illuminated grille, one of the sources said.
Volvo has carved out and sold its petrol engine and hybrid powertrain operations to Geely.
The Chinese car maker has moved to combine all of its petrol powertrain assets, including those from Volvo, with factories being carved out of Renault to create a new company focused on hybrid and petrol engines.
UAE currency: the story behind the money in your pockets
The 12 Syrian entities delisted by UK
Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
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- 400m Olympic running track
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- 600-seat auditorium
- Spaces for historical and cultural exploration
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- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
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UAE currency: the story behind the money in your pockets
THE SPECS
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Transmission: eight-speed automatic
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SHOW COURTS ORDER OF PLAY
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Andy Murray (GBR x1) v Fabio Fognini (ITA x28)
Court 1 (4pm UAE)
Steve Johnson (USA x26) v Marin Cilic (CRO x7)
Johanna Konta (GBR x6) v Maria Sakkari (GRE)
Naomi Osaka (JPN) v Venus Williams (USA x10)
Court 2 (2.30pm UAE)
Aljaz Bedene (GBR) v Gilles Muller (LUX x16)
Peng Shuai (CHN) v Simona Halep (ROM x2)
Jelena Ostapenko (LAT x13) v Camila Giorgi (ITA)
Jo-Wilfried Tsonga (FRA x12) v Sam Querrey (USA x24)
Court 3 (2.30pm UAE)
Kei Nishikori (JPN x9) v Roberto Bautista Agut (ESP x18)
Carina Witthoeft (GER) v Elina Svitolina (UKR x4)
Court 12 (2.30pm UAE)
Dominika Cibulkova (SVK x8) v Ana Konjuh (CRO x27)
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Court 18 (2.30pm UAE)
Caroline Garcia (FRA x21) v Madison Brengle (USA)
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The specs
Engine: Direct injection 4-cylinder 1.4-litre
Power: 150hp
Torque: 250Nm
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ESSENTIALS
The flights
Emirates flies from Dubai to Phnom Penh via Yangon from Dh2,700 return including taxes. Cambodia Bayon Airlines and Cambodia Angkor Air offer return flights from Phnom Penh to Siem Reap from Dh250 return including taxes. The flight takes about 45 minutes.
The hotels
Rooms at the Raffles Le Royal in Phnom Penh cost from $225 (Dh826) per night including taxes. Rooms at the Grand Hotel d'Angkor cost from $261 (Dh960) per night including taxes.
The tours
A cyclo architecture tour of Phnom Penh costs from $20 (Dh75) per person for about three hours, with Khmer Architecture Tours. Tailor-made tours of all of Cambodia, or sites like Angkor alone, can be arranged by About Asia Travel. Emirates Holidays also offers packages.