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Volvo Planning Five EVs, Two Plug-In Hybrids For The Years Ahead

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Last week, Volvo met with some of its dealers in Miami to show them its plans for the next few years. The Swedish automaker is accelerating its electrification strategy on its way to becoming fully electric by the end of the decade. In the short term, the plan includes no less than five new zero-emissions models.

Volvo gathered about 800 dealers from North America and South America and informed them that the brand’s first new EV will arrive next year. There are no details on what model, in particular, will launch in 2023, though we believe it could be the successor to today’s fully electric XC90, which is rumored to receive the Embla moniker. For the record, the current XC90 could stay in production for a few more years.

According to preliminary information, reported by Automotive News, the five new EVs from Volvo will include a large and small crossover, a sedan and two sporty wagon-like models. People who attended the meeting told the online publication that the automaker described the two carriages as “activity vehicles.” Additionally, two new plug-in hybrids will be launched, which are basically redesigned versions of the PHEV S90 and XC90.

Initial feedback from dealers was reportedly very positive. A retailer told Automotive News Volvo “nails” the product mix and that “Volvo is one of the most attractive manufacturers.” To support its electrification strategy, the automaker also told its sellers it would start assembling more cars at its US plant in Ridgeville, hiring more employees in the process.

Initial and unconfirmed information claims that Volvo is working on an EV version of the XC60 and a slightly larger SUV with an internal designation of V546, positioned between the XC60 and XC90. Also, another electric vehicle will be developed to be placed under the XC40 in the brand’s model portfolio.

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