Volvo has acquired a stake in San Francisco-based mobile charging company FreeWire Technologies via the Volvo Cars Tech Fund. While Volvo does not plan to own charging or service stations directly, it says the investment reflects its support for user-friendly charging options as electric mobility continues to grow. “To support wider consumer adoption of electric… Read more »
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Volvo and Geely invest in Polestar, announce new plug-in vehicles for China
Volvo Cars and its owner, China-based Geely Holding, will jointly invest RMB 5 billion ($756 million) to support the initial phase of Volvo subsidiary Polestar’s development. Among other things, the funds will be used to establish a Polestar manufacturing facility in Chengdu, China. Polestar has revealed its first production model. The Polestar 1 is a… Read more »
Polestar to become Volvo’s electrified performance brand
Polestar, Volvo’s performance car subsidiary, is to be transformed into a new brand for electrified vehicles. Thomas Ingenlath, Senior VP of Design at Volvo, will assume the position of CEO at Polestar. “Thomas heading up the Polestar organization shows our commitment to establishing a truly differentiated stand-alone brand within the Volvo Car Group,” said Håkan… Read more »
All Volvos to have electric motors from 2019
Volvo Cars has announced that, beginning in 2019, every one of its models will have an electric motor, making it the first legacy automaker to phase out ICE-only vehicles. In the future, Volvo will offer only three powertrains: pure electric, plug-in hybrid, and mild hybrid, which uses a battery to store energy from regen, or… Read more »
Eight of the top 10 cars sold in Norway are electrified
If you’re wondering how quickly EVs could take over from legacy vehicles, you might look at early adopter Norway, where plug-ins now represent 33% of all auto sales. Of the top 10 cars sold in the country in May, only two were non-electrified models. The Norwegian plug-in market continued its steady rise in May, growing… Read more »
Volvo selects AeroVironment to develop custom charging station
Volvo has chosen AeroVironment (NASDAQ: AVAV) to develop a custom charging station for the brand’s plug-in vehicles. Incorporating customer design elements and Volvo-specific branding, the new wall-mounted charger will be “a premium custom EV charger that aligns with the premium image of the Volvo XC90 and a growing line of Volvo Cars’ plug-in hybrid vehicles.”… Read more »
Geely Emgrand EV may foreshadow future Volvo models
Chinese automakers are selling large numbers of EVs at home, but so far, none has managed to crack the US or European passenger car markets. That could change before long – Auto Express reports that Geely, which owns Volvo, is rumored to be close to launching a new brand aimed at Europe, and that both… Read more »
Volvo’s new small car range to include an EV
As Volvo unveiled two concept cars built around the new Compact Modular Architecture, it announced that its new global small car range will include a pure battery electric vehicle, as well as Twin Engine plug-in hybrid powertrain variants. Volvo previously announced that it would produce a pure EV based on its larger Scalable Product Architecture… Read more »
Volvo reveals new plug-in V90 wagon
Despite the ascendance of the SUV, the station wagon (or “estate car,” to our British friends) is alive and well, at least in Europe. Now Volvo has unveiled a plug-in version of its V90 wagon. “We have a very strong position in the estate [station wagon] segment,” said Håkan Samuelsson, CEO of Volvo Cars. “In… Read more »
Volvo’s new S90 sedan will offer plug-in hybrid version
Volvo will unveil its new S90 premium sedan at the Detroit auto show (NAIAS) in January. One of the powertrain options will be a T8 Twin Engine plug-in hybrid. Thus, the S90 will be the second Volvo to offer a plug-in powertrain using the SPA modular chassis system (the XC90 T8 Twin Engine PHEV went… Read more »