Volvo to triple electric car production capacity

Volvo Cars is tripling electric car manufacturing capacity at its plant in Belgium to meet fast growing demand for its Recharge line-up of chargeable cars.

The share of Recharge cars as a percentage of its total sales more than doubled in 2020 compared to 2019, Volvo says. By 2022, electric car capacity at the Belgian plant will have more than tripled from today’s levels and will amount to some 60 per cent of the plant’s total production capacity, the Swedish car maker tells us.

This plant is currently preparing to take a second fully electric Volvo model into production later this year. It is based on the CMA modular vehicle architecture. The plant already builds the XC40 Recharge, the company’s first fully electric car, as well as a plug-in hybrid version of the XC40.

Volvo Cars says it is committed to becoming a premium electric car company, and in coming years the company will launch several fully electric cars. By 2025, it aims for its global sales to comprise 50 per cent fully electric cars, with the rest hybrids.

The company also has plans to increase electric car manufacturing capacity at its other facilities around the globe.

 

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