Volvo Confirms EV Plan for China
Volvo Car Corp. confirms a report last week that it has chosen China as the site to build its first all-electric vehicle and begin shipping it worldwide in 2019.
The company has not revealed whether the EV will be a car or crossover vehicle. But it confirms the model will ride on Volvo’s “compact modular architecture” for small cars. Volvo, a unit of Zhejiang Geely Holding Group, says it also is developing a larger fully electric car that will utilize the company’s “scalable product architecture.”
Volvo reiterates its goal of selling a cumulative 1 million electric and hybrid cars by 2025. The company intends to offer a plug-in hybrid option for every model it makes.
Volvo current produces cars at three factories in China: the 40 series small hatchback in Luqiao, the midsize 60 series in Chengdu and large 90 series car in Daqing.
Hyundai enters the American market with a new parallel hybrid system that uses lithium-polymer batteries and the same six-speed automatic found in non-hybrid versions of the 2011 Sonata.
Sandy Munro and his team of engineers and costing analysts at Munro & Associates were contacted by UBS Research—an arm of the giant banking and investment firm—and asked whether it was possible to do a teardown and cost assessment of the Chevrolet Bolt EV.
While you are probably familiar with origami, the classic art of paper folding that results in things like birds that flap their wings when you pull the tail, or plot devices in one of the Blade Runner films.