Volvo to Build Electric XC90 Crossover in U.S.
Volvo Car Corp. says it will produce an electric version of its next-generation XC90 flagship crossover vehicle in the U.S. starting three years from now.
CEO Hakan Samuelsson tells Automotive News the EV will be sourced globally from Volvo’s new factory outside Charleston, S.C., beginning in 2022.
The plant also will make a conventionally powered version of the XC90, which currently carries a base price of $47,200 in the U.S. Both iterations will ride on an updated version of the carmaker’s SPA (scalable product architecture) platform. The XC90 currently accounts for about one-third of Volvo sales in the U.S.
The electric XC90 will join Volvo’s first all-electric model, a variant of the XC40 small crossover unveiled last week. The electric XC40 will launch in the U.S. at the end of next year at a base price of $48,000, about $10,000 more than the piston-powered model.
Both Volvo EVs will be marketed under the Recharge sub-brand for the company’s plug-in hybrid and all-electric models.
Although the term “continuous improvement” is generally associated with another company, Honda is certainly pursuing that approach, as is evidenced by the Accord, which is now in its ninth generation.
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.
Ford has made an accomplishment that will never be bested, never even be tied.