Volvo, the Swedish automaker, has announced that it will be streamlining its UK model range to prioritize electric vehicles (EVs). The move is part of the company’s commitment to becoming a fully electric car brand by 2030.
The company has stated that it will be discontinuing several models in the UK, including the S90 saloon, V90 estate, and V90 Cross Country. These models will be replaced by the all-electric XC40 Recharge and the upcoming C40 Recharge.
The XC40 Recharge is Volvo’s first fully electric car and has been well-received by consumers and critics alike. It boasts a range of up to 260 miles on a single charge and can be charged to 80% in just 40 minutes using a fast charger. The C40 Recharge, which is set to launch later this year, is expected to have similar specs.
Volvo’s decision to prioritize EVs in the UK is in line with the country’s goal of phasing out the sale of new petrol and diesel cars by 2030. The UK government has also announced plans to invest £2.8 billion in EV infrastructure, including charging points and grid upgrades.
Volvo’s move towards electrification is not just limited to the UK. The company has set a global target of having 50% of its sales be fully electric cars by 2025, with the remaining 50% being hybrids.
The company has also committed to reducing its carbon footprint and becoming a climate-neutral company by 2040. This includes reducing emissions from its manufacturing operations and supply chain, as well as from its products.
In addition to its EV efforts, Volvo has also been working on developing sustainable materials for its cars. The company recently unveiled a concept car made entirely from recycled materials, including fishing nets and recycled plastic bottles.
Overall, Volvo’s decision to streamline its UK model range to prioritize EVs is a positive step towards achieving its goal of becoming a fully electric car brand. It also aligns with the UK’s goal of phasing out petrol and diesel cars, and demonstrates the company’s commitment to sustainability and reducing its carbon footprint.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- EVM Finance. Unified Interface for Decentralized Finance. Access Here.
- Quantum Media Group. IR/PR Amplified. Access Here.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Source: Plato Data Intelligence.