Volvo has confirmed earlier reports that the company will produce its first electric vehicle in China. The news comes out of this week’s Shanghai Motor Show, where Volvo went into more detail of its electrification plans.
Also confirmed is that their first EV will be underpinned by the company’s Compact Modular Architecture (CMA). Slated to go on sale in 2019, the configuration of the vehicle is not yet known, but given current trends, it’s likely to be a crossover of some form or another.
The vehicle’s Chinese production comes as little surprise. Volvo is owned by Chinese automaker Zhejiang Geely Holding Group and is already producing Volvo’s in China. China is also in the midst of a huge push for more hybrids and electric vehicles as the country looks to reduce air pollution in its cities.
Volvo also confirmed the new EV will be exported from China to global markets.
Volvo wrapped up its electric update by offering a goal. The brand plans to sell 1 million hybrid or electric vehicles by 2025. Aside from having plug-in hybrid versions of every vehicle, and EVs off the CMA platform, the company says it is also planning electric vehicles off the larger Scalable Product Architecture (SPA).