Volvo to roll out a new electric vehicle every year through 2025
Volvo likewise prepares to triple its production capacity and is now quickly ramping up its production worldwide, Björn Annwall, head of international commercial operations at Volvo, said during the press conference. Volvo is targeting its supply chain to assist it strike its objective as well as moving more towards eco-friendly energy for its power. Volvo Cars and its Chinese moms and dad business Geely Holdings will merge their existing combustion engine operations into a standalone business.
To hit this target, every Volvo design will include a Recharge choice. Volvo likewise plans to triple its manufacturing capability and is now rapidly ramping up its production globally, Björn Annwall, head of global commercial operations at Volvo, stated during the press conference. Volvo is targeting its supply chain to help it hit its objective as well as moving more toward renewable energy for its power. Volvo isn’t dropping combustion engines totally. Volvo Cars and its Chinese moms and dad business Geely Holdings will merge their existing combustion engine operations into a standalone organisation.