The Swedish automaker with Chinese parentage has revealed its plan to deliver no less than one million electrified vehicles by 2025.
While the plan sounds bold and overly ambitious, the term electrified means hybrids and plug-in hybrids will be taken into account and to achieve the proposed threshold the company is set to introduce at least a couple of hybrid versions for every model line. The automaker also announced its first fully electric, battery powered model would appear in 2019. Volvo claims this decision wasn’t an overnight dream as they have been embracing the electrification plans for the past half decade. The company said both the Scalable Product Architecture (SPA) and new Compact Modular Architecture (CMA) have been designed with hybrid and electric powertrains in mind. The CMA is tipped to underpin the new generation 40 series which has been hinted as heading towards an upcoming, “soon” launch schedule.
According to Volvo President and CEO Håkan Samuelsson the one million vehicles threshold has been delivered as “deliberately ambitious” because the brand “wants to be at the forefront of this shift to electrification.” Aside from the all new roster of hybrids and electric cars, Volvo is also looking to become climate neutral in terms of operations by the same timeframe. Besides that, they also reiterated their well known safety focus, as they reconfirmed the goal to have no one killed or seriously injured in a new Volvo by the turn of the decade.