Volvo Car Group intends to establish a joint venture with leading Swedish battery company Northvolt to develop and produce more sustainable batteries, tailored to power the next generation of pure electric Volvo and Polestar cars.
The next generation of Volvo cars are set to be the company’s safest ever, thanks to cutting-edge software and hardware levels, coupled with continuous and more rapid improvements to safety features with the help of real-time data.
Rapidly moving towards becoming a fully electric car company, Volvo Cars is bringing battery cell technology development and production closer to home and aims to tailor its future batteries to the needs of its customers: a longer range and faster charging times.
For Volvo Cars, electrification is more than simply a shift in powertrains. It represents a new paradigm in car design, and the Volvo Concept Recharge is a manifesto for the next generation of all-electric Volvos.
Volvo Cars will lay out its future technology roadmap today during the Volvo Cars Tech Moment, an online technology event that illustrates how it will transition towards becoming a fully electric premium car company and a world leader in the fast-growing premium electric segment by 2030.