{"id":4147,"date":"2021-02-07T14:27:25","date_gmt":"2021-02-07T20:27:25","guid":{"rendered":"https:\/\/evglobe.com\/?p=4147"},"modified":"2021-02-07T14:27:25","modified_gmt":"2021-02-07T20:27:25","slug":"volvo-ceo-ambitious-electric-sales-target","status":"publish","type":"post","link":"https:\/\/evglobe.com\/2021\/02\/07\/volvo-ceo-ambitious-electric-sales-target\/","title":{"rendered":"Volvo boss wants 25 percent of 2021 sales to be EVs and plug-in hybrids"},"content":{"rendered":"
Volvo has already announced plans to unveil an all-new electric vehicle on March 2<\/a> as part of the company\u2019s efforts to intensify its green push. The compact EV will join the zero-emissions XC40 Recharge as part of the Swedish automaker\u2019s electric vehicle family, complementing a series of plug-in hybrid models. The two lineups could account for a quarter of the firm\u2019s sales this year.<\/p>\n At least that\u2019s what CEO Hakan Samuelsson wants as he has established a rather ambitious sales target for 2021: \u201cAbout a quarter of our sales globally should be Recharge this year,\u201d he told Automotive News Europe<\/em><\/a>. In case you\u2019re not familiar with the term \u201cRecharge,\u201d it\u2019s used by Volvo to signal its plug-in hybrid and fully electric offerings.<\/p>\n Sales of the Recharge lineup are rising year after year, from 6.5 percent of Volvo\u2019s global volume in 2019 to 17 percent last year. In the second half of 2020, PHEVs and EVs represented 19 percent of all sales managed by the Geely-owned brand.<\/p>\n