Volvo plans to produce more electric, autonomous and shared vehicles
According to a recent announcement made by Volvo Cars CEO Hakan Samuelsson, the Swedish automaker apparently has plans underway to manufacture more electric, autonomous, and shared vehicles.
The announcement, made by Samuelsson in Volvo’s June 7 business update, clearly underscores the fact that Volvo has some aggressive plans to go big on fully electric cars, as well as self-driving vehicles and shared cars.
In announcing Volvo’s business goals with regard to future technology, Samuelsson said that the automaker will achieve its ambitious goals for fully electric and self-driving cars over the next several years, not in the distant future. Samuelsson further specified said that Volvo is hopeful of realizing all its future-tech business goals by “the middle of the next decade.”
As per the details shred by Samuelsson, Volvo expects that 50% of its annual sales by 2025 will be contributed by fully electric vehicles; while one-third of its annual sales by the same timeline will be attributable to vehicles with self-driving capabilities. The automaker is also hopeful that 50% of its vehicles would likely be owned by customers using its recently launched subscription service.
In elaborating Volvo’s plans, Samuelsson said that the expectations of Volvo customers are “changing rapidly,” and added that the automaker’s planned initiatives will “help transform Volvo from being purely a car company to being a direct consumer services provider.”
In a recent report, BMW-focused German website BimmerToday has revealed that BMW’s i3 all-electric car will be getting a new battery cell upgrade, aimed at giving the car a range of more than 200 miles.
Chinese electric vehicle market is fast growing and acceptance of green vehicles in China has increased over the last two quarters.
In Berlin this week, German automaker Audi shared some notable details about the 1,576-pound, 95-kWh lithium-ion battery pack of the company’s forthcoming 2019 e-tron battery-electric SUV.
At the Auto China 2018 event held in Beijing this week, General Motors (GM) took the wraps off a stunning new all-electric concept SUV --- the Buick Enspire.
According to the results of a recent Autolist consumer poll, US electric vehicle manufacturer Tesla Motors has received the highest trust rating among automakers presently involved in developing self-driving technologies.
According to the latest electric vehicle (EV) sales report for China for the month of March 2018, the number of EVs sold in the country during the month touched a total of 59,000 units; thereby marking a noteworthy 85% year-on-year increase as com