Volvo Reportedly Plans Turning All Its Core Models Into EVs By 2026

Battery electric cars in the pipeline include electric versions of the Volvo XC90 , XC60 and XC40 SUVs and the S60 and S90 sedans, the sources said. The new launches are part ofIf the reported product plans are accurate, they would amount to the largest revamp of Volvo's model lineup since Geely purchased the brand from Ford Motor Company in 2010.

comes as the company places a greater focus on Asia and customer trends there. One of the sources said Volvo has moved development work on sedans and the coming minivan to its Shanghai research and development hub that recently tripled its design staff to about 60 people.. The three-row model entered production last month in China and is priced from about 500,000 yuan or just under $75,000.

The chinese are all in on EVs.

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