Fleet World Workshop Tools
Car Tax Calculator
CO2 Calculator
Van Tax Calculator
BiK Rates Company Car Tax

Volvo to target one million electrified cars by 2025

Volvo has announced ambitious plans to sell a total of up to one million electrified cars by 2025.

Volvo S90 and V90

Volvo said it’s targeting one million electrified cars by 2025

The carmaker said it would offer at least two hybrid versions of every model in its range and release its first all-electric car in 2019.

“It is a deliberately ambitious target,” said Håkan Samuelsson, president and chief executive of Volvo Cars. “It is going to be a challenge, but Volvo wants to be at the forefront of this shift to electrification.”

Supporting its plans, Volvo has developed two all-new vehicle architectures for larger and smaller cars that can incorporate either hybrid or fully electric car technology.

The larger 90 series and 60 series cars will be built on the Scalable Product Architecture (SPA) while smaller 40 series cars will use the Compact Modular Architecture (CMA).

Earlier this year Volvo’s XC90 product manager told EV Fleet World how it will launch T8 petrol/electric hybrids in each new model range.

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.