Monday, September 20, 2021
News Volvo Tripling EV Capacity This Year, Adding New EV to Ghent Plant

Volvo Tripling EV Capacity This Year, Adding New EV to Ghent Plant

Volvo to treble EV production this year

  • Recharge model sales doubled in Europe in 2020

  • Swedish automaker adding new EV this year


Volvo says sales of its electrics are growing quickly, and that means expansion at the Belgian plant that builds some of them. Volvo says it will triple EV capacity in Ghent to meet the demand for its Recharge models.

The plant in Ghent is already home to the Volvo XC40 recharge, Volvo’s first EV, built on the automaker’s CMA modular architecture. A second (unnamed) fully electric model, also on the same platform, will go into production at the facility later this year.

Sales of Recharge models, those with a fully electric or plug-in hybrid driveline, more than doubled from 2019 to 2020, with nearly one-third of European sales a model with a plug. That’s close to 50,000 sales during the year, just in that region. The automaker hopes that 50 percent of sales globally will be fully electric by 2025, with the rest hybrids.

To keep up with the demand and reach toward the goal, production of EVs in Ghent will more than triple from current levels, reaching around 60 percent of total plant capacity. The facility builds more than 250,000 vehicles per year.

While this is the automaker’s first EV home, Volvo Cars has previously announced plans to increase EV capacity at other facilities worldwide. This includes investments toward bringing electric motor production entirely in-house by mid-decade and expanded development of e-motors for their next-generation vehicles.

 

Trending Now

New Chevrolet Impala Rendering Makes Us Long For the Two-Door Hardtop

Impala reimagined for the modern age Classic styling and modern touches make this a hot one If you're already missing Chevrolet's Impala, you're not...

Tesla Autopilot investigation: NHTSA requesting data from rival automakers

Multiple accidents involving first responders and a Tesla on Autopilot prompted a federal probe into the Californian company’s autonomous driving features The NHTSA...

2023 Aston Martin DBX S May Pack V12 Power

Aston Martin has hinted at more versions of the Aston Martin DBX A test vehicle spotted recently on the Nurburgring sounded like it...

Hyundai IONIQ Lineup Could Get Entry-Level Models

Hyundai IONIQ family could offer more affordable models under the new IONIQ 5 A more affordable Hyundai IONIQ could mean the end of...

GM To Assist LG Chem in Fixing Bolt Battery Problem

Chevrolet Bolt EV and Bolt EUV battery problems are causing major headaches for both GM and owners General Motors has sent engineers to...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.