Volvo’s Recharge electrification strategy is rolling out and there’s a new small electric crossover on the way!
*Pictured is the 2016 Volvo 40.1 Concept
Last year Volvo announced the XC40 Recharge, an all-electric version of the brand’s stylish XC40 crossover. The XC40 Recharge was the start of Volvo’s electric car strategy that aims to introduce a new electric car each year for the next 5 years. If all goes to plan, Volvo expects its electric vehicles to account for 50% of its global sales by 2025. There’s also a new flagship XC100 electric premium SUV on the way in 2023 that will slot in above the XC90.
In addition to the above, reports are indicating that a new small electric crossover is on the cards too and it will be built on Geely’s Sustainable Experience Architecture (SEA) platform.
In an interview with British publication, Auto Express, Volvo CEO, Håkan Samuelsson, commented, “We’ll use it [SEA] for a smaller car, where I think it’s very practical and smart for us to share that [platform], so we can have a cost structure for a smaller car that’s very competitive.” The SEA platform is dedicated to producing electric vehicles and was developed in China.
As for what this new electric Volvo crossover will be called is not yet confirmed but it might carry the XC20 Recharge moniker, much like it’s bigger electric XC40 Recharge sibling.
We will keep you updated as more details of this new model emerges.