Volvo confirms electric range of vehicles:
Recently, Volvo boss Hakan Samuelsson has confirmed that Volvo is eager to utilise the Sustainable Experience Architecture (SEA) platform that Volvo’s parent brand Geely divulged at the Beijing Auto Show, in order to expand the company’s SUV range, whilst seizing the opportunity to introduce a series of new electric models that the company anticipates will help to secure Volvo a slice of the electric vehicle market. The SEA is an entirely electric platform that was first shown on a Lynk and Co (another company that falls under Geely Holding Group’s vast umbrella) zero concept, in which Volvo quickly announced that this platform would be used for upcoming models.
Samuelsson stated that the SEA platform would be used for a “smaller car” that is “very competitive” as a substitute for the CMA (Compact Modular Architecture) platform that served as the chassis for the Volvo XC40 and was a combination platform for both combustion engine vehicles and electric vehicles. Therefore, this would make the vehicle smaller, in which Samuelsson did affirm that it would be an SUV as they are “very popular, but it should be all-electric”, however, they abstained from confirming the vehicle’s name. Nevertheless, there is speculation that it will most likely be an XC20, although this is by no means definite.
Furthermore, Samuelsson also stated that the SEA platform would be used in order to produce another 40 series model that will again be constructed on an electric powertrain. Samuelsson said that this was so “we will have electric cars to support our ambition to sell half of our cars as all-electric five years from now”. Consequently, it seems that aside from Volkswagen, other European brands are dedicated to a significant or complete transition to e-mobility, in which Volvo clearly does not want to be behind in the race to introduce an all-electric range of vehicles.
Not many details were disclosed about the “all-electric” series 40 Volvo, however, there is a possibility that the vehicle will be a variation on the XC40 or will be engineered to compete with Volkswagen’s ID 3, branded as a V40 or an S40. This model will be introduced at some point next year, although dates have not been verified.
Moreover, Volvo’s engineers are currently developing a second-generation SPA2 platform, which is intended to support a new top of the range, large SUV, that will be deemed the XC100. This platform is designed for vehicles exceeding 5.5 metres in length, therefore, the XC100 will be larger than any Volvo available at this moment in time and is predicted to be released during the year of 2022. The vehicle will be available as standard with a semi-hybrid powertrain, despite being primarily designed for an internal combustion petrol engine. However, versions will be available that are equipped with all-electric or plug-in hybrid powertrains. Its sheer size alone will make it Volvo’s new flagship, whilst causing it to emulate the Polestar Concept, due to its large SUV status, luxury, spacious interior, and large boot capacity.
All of these models are devised to serve as dominant forces in the Chinese and American markets initially, although they will also be introduced into the UK and other parts of Europe. Nevertheless, Volvo boss Hakan Samuelsson has made it transparent that Volvo is taking the electric vehicle market seriously and are seeking to rival Volkswagen, Tesla, Nissan, and other powerful players in the electric theatre. As expected, Volvo will be cooperating with Chinese parent firm Geely in order to finalise the SEA platform and ensure that it is integrated into and sees success in Volvo’s electric and sustainable range of vehicles that will be initiated with the potential XC20.
Britannia Car Finance Ltd are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 619315
Registered in England & Wales with company number : 07078910 | Data Protection No : Z3637100 | VAT No : 159 9680 46 | BVRLA Member No: 2123
Registered Office : Britannia Car Finance Ltd, Westminster House, 10 Westminster Road, Macclesfield, Cheshire, SK10 1BX
Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.
Copyright © 2021 Britannia Car Finance Ltd, All rights reserved.
Powered by CALAS