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Volvo won’t give up on the XC90

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Three years ago, Volvo took big steps towards the complete electrification of its fleet, but problems with production and a drop in demand, confronted the Swedish company with reality. Customers still remained loyal to ICE cars, so Volvo decided to keep its largest SUV powered by an internal combustion engine in the range.

In September, Volvo revealed a refreshed edition of the XC90 SUV, which retained the design of its predecessor with the addition of some details such as redesigned “Thor’s Hammer” lights and diagonal slats of the radiator grille. The interior is also slightly improved, with a new 11.2-inch touchscreen instead of the old 9.0-inch one, optimized operating system, the center console provides additional storage space, while the wireless smartphone charger has been relocated.

Under the hood is a 2.0-L four-cylinder turbo engine combined with a 48-volt electric motor with a total power from 247 hp to 295 hp, and customers will also be able to choose a hybrid version with 455 hp. All versions come with an eight-speed automatic transmission that sends power to all wheels. It should be noted that the refreshed edition has better handling thanks to the optional air suspension, which provides a comfortable and isolated ride, but also coped well with most road situations.

Volvo has announced that it will continue to produce cars with internal combustion engines after 2030, but they will have mild hybrid systems and will be produced in limited series. This does not mean that they have given up on full electrification, as Volvo is one of the few European manufacturers that are still strongly advocating EVs.

Source: Volvo

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Volvo won't give up on the XC90
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Volvo produced one million XC40 units at the Belgian plant

The Ghent plant is one of the most profitable facilities of the Swedish car manufacturer Volvo, where EX40/XC40 models are produced. It is a subcompact luxury crossover SUV that arrived on the market in 2017, and a few days ago, the company announced that one million XC40s left this plant.

Aside from conventional petrol and diesel engines, a plug-in hybrid model was introduced in 2019, and a battery electric vehicle model was released a year later. Both the plug-in hybrid and the battery electric versions were marketed as the XC40 Recharge. In 2024, Volvo renamed the battery electric XC40 to the Volvo EX40, aligning it with newer battery electric models such as the EX30 and the EX90.

In 2023, the XC40 was Volvo’s second best-selling model, after the XC60, while increased demand for the smaller model, the EX30, in early 2024 pushed the XC40 into third place.

In April, Volvo announced that it was moving the production of the EX30 model to its factory in Ghent, with which this plant will reach its maximum production capacity. Last year, about 230,000 units left the factory in Ghent, of which 60 percent were electric cars.

Source: Volvo

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Volvo produced over 100,000 units of the EX30

The Volvo EX30 is the smallest model in the Swedish manufacturer’s fleet but also the second best-selling electric car in Europe in August, after the Tesla Model Y. Now Volvo has announced that it has produced the 100,000th EX30, which is an extraordinary result.

Since the start of 2024, Volvo has sold 53,966 examples of the EX30, making it the company’s second best-selling car after the Volvo XC60 with 58,254 deliveries. However, given that the monthly sales of the smaller SUV are twice as high, it is possible that with the September results, the EX30 will become Volvo’s best-selling car.

The starting price of the EX30 model in Europe is 36,000 euros. The version with one motor and a standard battery has a range of 440 kilometers. An extended-range battery that costs 4,200 euros more and offers up to 593 kilometers on a single charge.

In April, Volvo announced that it was moving the production of the EX30 model to Europe, specifically to its factory in Ghent, Belgium. The Ghent plant is one of the most profitable for the Swedish-Chinese brand, which currently produces the EX40 and XC40 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