Volvo launching five new EVs, two new plug-in hybrids – report

Volvo reportedly plans to introduce five new electric vehicles and two new plug-in hybrids over the next few years as it transitions to being an electric-only brand by 2030.

Automotive News reports the Chinese-owned Swedish automaker provided details of its product plans to around 800 dealers from across the Americas.

The five new electric vehicles will reportedly consist of a flagship crossover as well as a smaller crossover, codenamed V546, that’ll slot in between the the replacements for the XC60 and XC90.

There’ll also be an electric sedan, plus two wagon-like “activity vehicles”.

Volvo’s outgoing CEO Hakan Samuelsson has previously confirmed its sedans and wagons will be “replaced with something even more attractive to consumers”.

He described these new “conventional” body style models will be a “little less square”.

Joining this fleet of EVs will reportedly be a plug-in hybrid version of the XC90’s replacement, plus a redesigned S90 sedan.

The XC90 was understood to be being replaced by an all-electric, three-row crossover potentially wearing the Embla nameplate, with the current-generation model receiving a facelift in its twilight years and being sold alongside for an unspecified time.

MORE: Volvo XC90 to be given facelift, continue alongside its replacement

The company has also confirmed all upcoming models will have real names.

Volvo is reportedly ramping up to build more vehicles at its US plant in Ridgeville, South Carolina, which currently builds the S60 sedan.

At least two of the upcoming crossovers will be built here, including the Embla and V546.

MORE: Volvo planning new EV crossover between XC60 and XC90 – report

Sister brand Polestar has also previously confirmed it’ll build its upcoming 3 crossover at the plant, which can support annual production volumes of 150,000 vehicles.

It’s dramatically under-utilised at the moment, with just 28,000 S60s reportedly leaving the plant last year.

Mr Samuelsson has previously said the South Carolina plant will be the first of Volvo’s facilities to exclusively manufacture electric vehicles.

The V546 will reportedly be built both there and in China, with projected annual production volumes of 100,000 units. Around 60 per cent of V546 models will come out of China.

It reportedly expects to sell around 20,000 Emblas next year. It’s unclear if that’s only taking the US market into account, where it’s been selling between 30-40,000 XC90s annually since the launch of the current generation.

The new model is expected to be revealed this year, with production reportedly starting early in 2023. It’s expected to borrow design cues from the Concept Recharge.

All new Volvo EVs will reportedly wear a version of Volvo’s signature Thor’s Hammer headlights. They’ll also sport a long wheelbase plus lower bonnets and rooflines for enhanced aerodynamics.

Volvo reportedly told dealers the new line-up of vehicles will help retailers double their average throughput – the number of overall sales divided by the dealership count – by 2025.

Sources also told Automotive News the dealer conference was attended by Austin Russell, CEO of Luminar Technologies, who pitched his company’s lidar sensor technology.

This will be an integral part of Volvo’s new Ride Pilot technology, a Level 3 autonomous driving feature that’ll allow drivers to take their hands off the wheel and their eyes off the road in some scenarios.

Volvo dealers were also reportedly shown a seat that self-adjusted for safety based on the occupant’s height, as well as a built-in pet crate.

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