The Swedish manufacturer, a subsidiary of the Chinese group Geely Lynk & Co, has just announced that it is working on a new compact SUV model with electric drive and confirms the renewal of the 40 series and the new top-of-the-range electric XC100.
These announcements are in line with the brand's strategy to sell 50% of electric vehicles within 5 years, as its CEO, Hakan Samuelson, recalled.
The XC20 on the launch pad
While the project was first mentioned in 2017 for a launch planned in 2019, news of a compact SUV was expected at Volvo.
The vehicle would be approaching and the brand resumes communication about it: the new vehicle would be an SUV and will be “under the XC40” in the manufacturer's current range. In any case, this is what Hakan Samuelson suggested when asked to AutoExpress.
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If its name, XC20, is not yet official, it nevertheless seems logical in the nomenclature of the manufacturer (which recently filed XC10 and XC20).
The brand's new vehicle will be based on the brand new platform of the named manufacturer Sustainable Experience Architecture (SEA), presented at the Beijing Motor Show a few days ago.
The XC40 towards a renewal, the XC100 approaching
The future compact SUV will not be the only one to land in Volvo's range. The XC40 will be replaced as early as next year. Samuelson has indeed confirmed the renewal in electric version.
On the high-end side, the XC100 should see the light of day by 2023, derived from the XC90, but again with a 100% electric drive.
Source: AutoExpress, Electrive
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