GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
Home News Auto News Fully Electric Cars To Contribute 50% Of Sales By 2025- Volvo Cars Fully Electric Cars To Contribute 50% Of Sales By 2025- Volvo Cars Auto News Siew Weng | January 31, 2019 11:38 am Volvo Cars aims for fully electric cars to make up 50 percent of its sales by 2025. This announcement is built on the earlier commitment that the company aims to offer only either models with hybrid or EVs from 2019.The company’s strategy to generate half of its sales from electric cars by 2025 positions it as a powerful player in China, the world’s leading market for electrified cars. The Chinese government plans to have new-energy vehicles account for more than 20 percent of the country’s annual car sales by 2025, which equates to more than seven million vehicles, based on Chinese government forecasts.Håkan Samuelsson, President and CEO of Volvo Cars said, “Last year we made a commitment to electrification in preparation for an era beyond the internal combustion engine,”“Today we reinforce and expand that commitment in the world’s leading market for electrified cars. China’s electric future is Volvo Cars’ electric future.”China is Volvo Cars’ largest individual market and this year delivered a 23.3 percent first quarter sales increase, contributing to the company’s first-quarter global sales growth of 14 percent. Volvo car sales in China last year passed 100,000 units for the first time. At the ongoing Beijing Auto Show 2018, Volvo Cars reinforce the company’s position as an industry leader in electrification with all models on display being plug-in hybrid models. The event marks the first time the company displayed only plug-in hybrid vehicles at an auto show.Beijing also marks the first public appearance of the XC40 Twin Engine, the plug-in hybrid variant that features the company’s first 3-cylinder 1.5-litre engine with electric propulsion. The new XC40 was recently crowned 2018 European Car of the Year and has already amassed more than 60,000 orders globally since its launch in late 2017. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Beijing beijing 2018 green tech volvo Volvo XC40 XC40 Print Related News The XC40 Will Be The Most Customisable Volvo Ever Auto News Arvind | July 25, 2017 Volvo’s has promised that its soon-to-be-revealed XC40 SUV, will be the company’s most exciting product ever, owing to dozens of exterior and ... Volvo Promises To End Clutter Issues In The New All-New XC40 Auto News Gokul | September 01, 2017 One of the biggest problems faced by compact SUV drivers around the globe is the lack of suitable and functional storage space inside their vehicles. ... All-New 2018 Volvo XC40 Unveiled, EV In The Pipeline Auto News Eric | September 21, 2017 After introducing the new second generation Volvo XC90 and more recently the new XC60, the company has rolled out its third and most compact SUV, the ... Volvo XC40 Production Begins in Belgium Auto News Aswan | November 22, 2017 It's no surprise that Volvo has already recieved over 13,000 orders for the XC40 given how seductive their new model lineup looks combined with the ... Comments
Fully Electric Cars To Contribute 50% Of Sales By 2025- Volvo Cars Auto News Siew Weng | January 31, 2019 11:38 am Volvo Cars aims for fully electric cars to make up 50 percent of its sales by 2025. This announcement is built on the earlier commitment that the company aims to offer only either models with hybrid or EVs from 2019.The company’s strategy to generate half of its sales from electric cars by 2025 positions it as a powerful player in China, the world’s leading market for electrified cars. The Chinese government plans to have new-energy vehicles account for more than 20 percent of the country’s annual car sales by 2025, which equates to more than seven million vehicles, based on Chinese government forecasts.Håkan Samuelsson, President and CEO of Volvo Cars said, “Last year we made a commitment to electrification in preparation for an era beyond the internal combustion engine,”“Today we reinforce and expand that commitment in the world’s leading market for electrified cars. China’s electric future is Volvo Cars’ electric future.”China is Volvo Cars’ largest individual market and this year delivered a 23.3 percent first quarter sales increase, contributing to the company’s first-quarter global sales growth of 14 percent. Volvo car sales in China last year passed 100,000 units for the first time. At the ongoing Beijing Auto Show 2018, Volvo Cars reinforce the company’s position as an industry leader in electrification with all models on display being plug-in hybrid models. The event marks the first time the company displayed only plug-in hybrid vehicles at an auto show.Beijing also marks the first public appearance of the XC40 Twin Engine, the plug-in hybrid variant that features the company’s first 3-cylinder 1.5-litre engine with electric propulsion. The new XC40 was recently crowned 2018 European Car of the Year and has already amassed more than 60,000 orders globally since its launch in late 2017. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Beijing beijing 2018 green tech volvo Volvo XC40 XC40
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
The XC40 Will Be The Most Customisable Volvo Ever Auto News Arvind | July 25, 2017 Volvo’s has promised that its soon-to-be-revealed XC40 SUV, will be the company’s most exciting product ever, owing to dozens of exterior and ...
Volvo Promises To End Clutter Issues In The New All-New XC40 Auto News Gokul | September 01, 2017 One of the biggest problems faced by compact SUV drivers around the globe is the lack of suitable and functional storage space inside their vehicles. ...
All-New 2018 Volvo XC40 Unveiled, EV In The Pipeline Auto News Eric | September 21, 2017 After introducing the new second generation Volvo XC90 and more recently the new XC60, the company has rolled out its third and most compact SUV, the ...
Volvo XC40 Production Begins in Belgium Auto News Aswan | November 22, 2017 It's no surprise that Volvo has already recieved over 13,000 orders for the XC40 given how seductive their new model lineup looks combined with the ...