Volvo EX90
Reuters »
Volvo Cars is gearing up for an electric blitz to convert all its mainstay models – three SUVs and two sedans – into electric vehicles and to introduce a luxury electric van aimed at boosting sales in Asia, two people with knowledge of the plans said.
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Volvo has moved development work on sedans and the coming people-mover model to its Shanghai research and development hub.
Volvo Cars, headquartered in Sweden, is 82%-owned by China’s Zhejiang Geely Holding Group, commonly known as Geely.
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