"As it struggles with declining sales and an uncertain regulatory environment, Volvo is hoping to realign its fortunes by overhauling its electric vehicle plans. And a big part of that is a bet on hybrid technology - or more specifically, extended-range electric vehicles (EREV). At a factory tour in Ridgeville, South Carolina, Volvo made a series of announcements, including an updated EX90 SUV with an Nvidia-supplied computer and the start of production on the gas-powered XC60. But chief among them was the news that the automaker would begin production of an unnamed EREV, developed specifically for the US market."
"In a roundtable with reporters, Volvo CEO Håkan Samuelsson described it as the automaker's "second-generation hybrid," with all the acceleration and driving agility of a regular battery-electric vehicle, but with improved range thanks to a small gas engine. "The technology needs to be decided," Samuelsson said. "The technology needs to be decided," Samuelsson said, "but it's more an electric car with a backup engine than the first-generation [hybrid], which is a combustion car with some batteries.""
Volvo is shifting its electric-vehicle strategy toward extended-range electric vehicles (EREVs) to address declining sales and regulatory uncertainty. The company plans to produce an unnamed EREV tailored for the US market at its Ridgeville, South Carolina factory by the end of the decade. The automaker showcased an updated EX90 with an Nvidia-supplied computer and commenced production of the gas-powered XC60 during the factory tour. Volvo describes the new approach as a second-generation hybrid that delivers battery-electric acceleration and agility while using a small gasoline engine to extend driving range. Final technology choices remain undecided.
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