Tag Archives: Volvo

News

Geely took over Polestar from Volvo

In 2017, Volvo jointly with the Chinese company Zhejiang Geely Holding Group founded Polestar, a brand of electric cars. Six years later, the Swedish manufacturer announced that it was selling its share to a Chinese company, as it failed to establish itself in the electric car segment.

Although Volvo will no longer fund Polestar, the two brands will continue to collaborate on development and research, production and after-sales services. At the same time, Thomas Ingenlath, the head of Polestar, expressed his enthusiasm for the idea of Geely becoming the new majority and direct shareholder of this young company. The decision had a positive reaction from Volvo brand investors. After that, Volvo shares rose 40 percent.

All models launched by Polestar are based on Volvo technology. An example is Polestar 2, the first battery electric vehicle and mass production Polestar vehicle in the Volvo Car Group, premiered in 2020. It is offered in combination with one or two electric motors. The base version is powered by a single electric motor with 224 hp (165 kW) and 243 lb-ft (330 Nm). It is equipped with a 64 kWh battery pack that enables a range of up to 440 kilometers (WLTP). The most powerful version is powered by two electric motors with 408 hp (300 kW) and 487 lb-ft (660 Nm). It is equipped with a 78 kWh battery pack that enables a range of up to 480 kilometers. It also has AWD.

When it comes to future models, the Polestar 3 entered production at the end of last year, the Polestar 4 crossover coupe will arrive in 2024, while the Polestar 5 luxury sedan is expected to arrive in 2025.

Source: Volvo

News

Volvo will stop producing diesel cars from 2024

It is well known that all major car manufacturers have decided to stop offering cars with ICE by the end of the decade, and switch to the production of fully electric cars. According to the latest information, it seems that Volvo has decided on a radical move, announcing that it will end the production of all remaining 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.

Diesel cars used to be in high demand, at least in Europe. In 2015, more than 50 percent of new cars sold in Europe were diesels. But since then, their demand has been falling rapidly, and today it is only 14 percent.

2019 was the last year when the majority of Volvo cars sold were diesels. After that, a big drop in sales of these cars was recorded every year, and last year it was only 8.9 percent. According to sales data for last month, 33 percent of Volvo cars sold were fully electric or plug-in hybrid models, while it is not known how many of the remaining 67 percent were diesel cars.

Source: Volvo

News

Volvo EM90

The Swedish car manufacturer Volvo was founded before 1927 and could soon present its first minivan, the Volvo EM90. Now the first photo of this electric vehicle has been published.

Although the photo does not show the full design of the car, some details such as the double panoramic roof, with two separate areas for passengers in the front and rear seats, can be noticed. Some information says that the car could have three rows of seats, but this information has not been confirmed.

Other details that we can see are the illuminated Volvo logo on the back of this minivan and the taillights in the shape of the letter “T”. Also, thanks to the position of the handles, we can see that the car could have sliding doors.

Volvo has not yet revealed any technical details about its first minivan. What is certain is that the EM90 will only be offered as an all-electric model. The official presentation will take place on November 12, while the pre-orders for this minivan will be opened on the same day, initially exclusively for the Chinese market.

Source: Volvo