Volvo expects all-electric, or BEV, models to account for fully half of its global sales by 2025, not including the mild, conventional or plug-in hybrid products that will complete the rest of the Swedish automaker’s line-up.
The next big step for Volvo, will come in time for the 2019 model-year when its first fully electric model, a production version of the 40.2 Concept is launched. Initially, the BEV version will be sold only in China, Volvo’s largest market.
“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. “Today we reinforce and expand that commitment in the world’s leading market for electrified cars.”
Read the article at The Detroit Bureau.
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