Tag Archives: Volvo

The Volvo S60 has reached its end

At the beginning of the century, Volvo introduced the compact executive car S60 from which the Swedish manufacturer expected a lot, but in the end got little. After two decades of production, the Volvo S60 is retiring. This is a continuation of the abolition of diesel engines, which was announced last year.

The Volvo S60 has reached its end

While other major manufacturers decided on a gradual transition to fully electric cars by 2030, Volvo chose a radical move in mid-2023. End of production of all diesel models by the beginning of 2024.

“Electric powertrains are our future, and superior to combustion engines: they generate less noise, less vibration, less servicing costs for our customers and zero tailpipe emissions. We’re fully focused on creating a broad portfolio of premium, fully electric cars that deliver on everything our customers expect from a Volvo – and are a key part of our response to climate change,” says Jim Rowan, Chief Executive at Volvo Cars.

The goals that the Volvo S60 was supposed to fulfill were not realized while traditional sedans were still high on the market. Now that demand for SUVs is on the rise, the S60 simply isn’t profitable anymore. Disappointed, Volvo decided to completely remove the S60 from its fleet. The last examples of the S60 will be produced at the US plant in South Carolina by the end of this month. Its replacement will be the all-electric Volvo ES60, but it is currently unknown when it will appear on the market.

Source: Volvo

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Volvo cars are getting digital passports

The Swedish car manufacturer Volvo is the first company in the world to introduce a digital passport for its cars. This type of digital document will be mandatory for all electric cars in the EU from 2027, and will record data on the origin of the material, recycled material, as well as data on the battery condition.

The first car to receive its digital passport is the all-electric EX90 SUV, which was developed in cooperation with the British company Circulor. The integration of this Volvo software will cost a symbolic 9 euros per car, and it will be important for customers that the data will be constantly updated.

This document will contain all information about the battery and the origin of the materials that the battery is made of. It will also contain data on the amount of recycled content in the battery as well as CO2 data.

This will help owners and future buyers of used electric cars to know important information about the vehicle, especially the battery condition. It will be possible to download the data by scanning the QR code that will be located on the driver’s door. However, detailed information about the battery and the vehicle will be available only to the competent authorities.

Source: Volvo

Volvo EX30 will be manufactured in Belgium

The EU’s struggle with electric cars made in China has been going on for a long time, so the European Parliament decided on additional tariffs on car imports from China. This will further affect some of the European manufacturers that have plants in China, such as Volvo, who are already struggling with the uncompetitive prices of electric vehicles made in China. To avoid additional tariffs that will come into effect in Q3 2024, Volvo is preparing production lines at the Ghent plant for its EX30 model, which is currently being assembled in China.

The Volvo EX30 is the smallest model in the Swedish manufacturer’s fleet but also the best-selling car, achieving outstanding results in the European market with 13,000 deliveries, despite the decrease in demand for EVs.

The new tariffs that the European Union has decided to introduce on cars manufactured in China will certainly affect car prices. That’s why manufacturers have few options, and the least expectation is that manufacturers will take on additional price burdens in order to maintain demand for their cars. Another possibility is an increase in prices, which would mean less demand, while the best decision would be to produce cars on European soil, which Volvo will do.

However, not all manufacturers can transfer the production of their cars to European soil, but Volvo still can, which is why the company decided to close its factory in Ghent, Belgium for seven days and send more than 6,500 employees on vacation while preparations are underway to install a new production plant. lines for the production of the new EX30, which will start from 2025. The Ghent plant is one of the most profitable for the Swedish-Chinese brand, which currently produces the EX40 and EX40 models. However, there is still enough capacity in Ghent to produce the EX30 with which Volvo will achieve the maximum production volume. Last year, about 230,000 units left the factory in Ghent, of which 60 percent were electric cars.

Source: Volvo

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