Volvo to triple electric production capacity in response to strong electrified car sales

Carmaker set to launch several fully electric cars within coming years

Volvo to triple electric production capacity in response to strong electrified car sales

Volvo Cars is tripling electric car manufacturing capacity at its plant in Ghent, Belgium, as it prepares to meet fast-growing demand for its Recharge line-up of chargeable cars.

The capacity increase comes as Volvo Cars also reports its full-year sales results for 2020, which showed a strong growth in demand for the company’s Recharge models.

The share of its electrified cars as a percentage of total sales more than doubled in 2020 compared with 2019.

By 2022, electric car capacity at the Ghent plant will have more than tripled from today’s levels and amount to around 60 per cent of the plant’s total production capacity.

Ghent is currently preparing to take a second fully electric Volvo model, based on the CMA modular vehicle architecture, into production later this year.

The plant already builds the XC40 Recharge, the company’s first fully electric car, as well as plug-in hybrid versions of the XC40.

Related: Fiat Chrysler and PSA shareholders approve mega-merger

Javier Varela, head of global industrial operations and quality at Volvo said: “Our future is electric and customers clearly like what they see from our Recharge cars.

“As we continue to electrify our line-up and boost our electric production capacity, Ghent is a real trailblazer for our global manufacturing network.”

Volvo Cars is set to become a premium electric car company, and in the coming years will launch several fully electric cars.

Related: Volvo to design and develop electric motors ‘in-house’

By 2025, it aims for its global sales to consist of 50 per cent fully electric cars, with the rest hybrids.

Last month, Volvo Cars also announced it will assemble electric motors at its powertrain plant in Skövde, Sweden, and plans to establish complete in-house e-motor production by the middle of the decade.

The company is also investing significantly in the in-house design and development of e-motors for the next generation of Volvo cars.

Home Page Forums Volvo to triple electric production capacity in response to strong electrified car sales

Viewing 1 post (of 1 total)
Viewing 1 post (of 1 total)

LEAVE A REPLY:

Reply To: Volvo to triple electric production capacity in response to strong electrified car sales

Your email address will not be published. Required fields are marked *

Have your say!

0 0

Lost Password

Please enter your username or email address. You will receive a link to create a new password via email.

Sign Up