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Volvo Cars global sales up 31% in May; fully electric cars up 196%

Green Car Congress

Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. The company’s fully electric cars were the main contributor to the growth, rising 196% during the period to 10,826 units (). The share of fully electric cars stood at 18%.

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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. The XC40 Recharge P8 is the first of a family of fully electric Volvos.

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Volvo Cars to triple electric car production capacity in Ghent after strong year of electrified car sales

Green Car Congress

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 share of Recharge cars as a percentage of total sales more than doubled in 2020, compared to 2019. in the region for the whole year.

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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

Green Car Congress

Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. Volvo Cars has an ambition to move towards annual sales of 1.2 The new facility represents an investment of around €1.2

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Volvo Car Group and Northvolt to form JV for battery development & production for Volvo, Polestar EVs

Green Car Congress

Volvo Car Group intends to establish a joint venture with Swedish battery company Northvolt to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar cars. The location of the new plant is yet to be decided.

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First Drive: The Fully Electric Volvo C40 Recharge Twin

CleanTechnica EVs

Volvo is charging into the electrified vehicle space as part of its quest to achieve a sales target of 50% battery electric vehicles by 2025 and 100% of total vehicle sales being fully electric by 2030.

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Volvo Cars and Northvolt to build battery gigafactory in Gothenburg, Sweden; up to 50 GWh

Green Car Congress

Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in 2025, and complement the planned R&D center that both companies announced in December as part of an investment of approximately SEK 30 billion (US$3.3 Earlier post.).

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