On March 5th, Volvo will launch its new electric car, the Volvo ES90.
At first glance, it seems that the ES90 shares a lot with the Polestar 2, such as the wing mirrors, low suspension and T-shaped daytime running light technology. Although Volvo is keeping the details under wraps, it is known that unlike the Polestar 2, which is built on the 400-volt CMA platform, the ES90 will use the 800-volt SPA2 platform.
It will be equipped with a 106 kWh battery that will provide a range of up to 700 kilometers, and a ten-minute charge will be enough for a range of up to 300 kilometers.
After the premiere, we will know more details and the price of the car.
2024 was the most successful year ever for Volvo, but the beginning of 2025 does not show continued sales growth. According to the company, in 2024 the Swedish brand sold 8% more cars than in 2023.
The start of the year for Volvo was not expected, at least that is what the sales results for January show. Although the Swedish brand expected continued sales growth, the opposite happened, and in the first month Volvo managed to sell only 50,820 vehicles worldwide. However, the company hopes that hybrids and EVs will play a major role in the future, which can be inferred from the growth in demand for these cars.
In January, Volvo delivered 22,398 hybrids and EVs, which is 17 percent more than in the same month a year earlier. Customers mostly chose PHEV models (12,693 units), which accounted for 28 percent of total sales. On the other hand, EVs were less in demand, but still registered a growth of 5% (9,705 units).
The best-selling mmodel was the XC60 (18,972 units), followed by the XC40/EX40, while the least demanded was the XC90, which recorded a drop in demand compared to January 2024.
It should also be noted that the demand for cars with combustion engines and mild hybrids has fallen. They recorded a 17 percent drop in demand compared to 2024.
Volvo is one of those manufacturers that strongly believes in the future of EVs, and they showed that in October 2024 when they announced that the EU must not abandon the ban on the sale of ICE cars after 2035. They and 49 other car companies have signed a declaration with which they unreservedly support the EU decision, even though they announced that they will continue to produce cars with combustion engines after 2030, but they will have mild hybrid systems and will be produced in limited series.
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.
