Will its gamble pay off?
Big changes are currently underway at Volvo. Last month, it announced its goal of having a completely climate-neutral global manufacturing operation in place by 2025 and is aiming for an all-electric global lineup by 2030. Presently, the Volvo XC40 Recharge and soon to arrive C40 are the only two pure battery electrics but this will soon change.
Both the XC60 and XC90 SUVs will adopt full battery electrification once the next-gen models arrive. Sedans and wagons like the S60 and V90 won't be far behind. And speaking of the S60, the US-based factory where it's built will become Volvo's first all-electric vehicle assembly plant, according to a report from Automotive News.