Volvo Cars, the premium car maker, has been recognised by the United Nations for its ground-breaking electrification strategy in the latest report from the UN’s Global Compact, the world’s largest corporate sustainability initiative.
Volvo Cars, the premium car maker, is updating its business model to a changing world and believes the car industry as a whole needs do to the same, its president and chief executive Håkan Samuelsson will announce today at the bi-annual meeting of the UN Global Compact Nordic Network in Gothenburg.
Volvo Cars, the premium car maker, will build its first fully electric car in China, the company announced today at Auto Shanghai in China. The all new model will be based on Volvo’s Compact Modular Architecture (CMA) for smaller cars, and will be available for sale in 2019 and exported globally from China, Volvo said.
The S90 is Volvo’s new premium 4-door, 5-seat flagship sedan. It is built on the new Scalable Product Architecture (SPA), Volvo’s advanced modular product platform that will underpin all new Volvo cars in the 90 and 60 Series.
Volvo Cars believes the global automotive industry should strive towards the introduction of a standardized charging infrastructure for electric cars, says Dr Peter Mertens, the company’s Senior Vice President for Research & Development.
The pace of change at Volvo Cars will remain undiminished in coming years despite recent success in tripling its operating profit in 2015 to SEK6.6bn, according to Håkan Samuelsson, president and chief executive.