Volvo Cars plans to launch 13 new models between now and the end of 2030. At that time, Volvo Cars will have a clear regionalized product matrix, including electric models, pure electric models, and third-generation hybrid models, developed for different regional markets. In this product plan, there are 7 new models for the Western market and 6 new models for the Chinese market. Relying on this product plan, Volvo Cars aims to expand the target market in the rapidly growing pure electric circuit, and at the same time double its market share by serving consumers who are still unwilling to switch to pure electric vehicles with third-generation hybrid models. “This new product offensive will be an important gripper for Volvo Cars to build a company with long-term strong growth capacity and a profit margin of more than 8% before interest and tax.”

Volvo Cars plans to launch 13 new models between now and the end of 2030. At that time, Volvo Cars will have a clear regionalized product matrix, including electric models, pure electric models, and third-generation hybrid models, developed for different regional markets. In this product plan, there are 7 new models for the Western market and 6 new models for the Chinese market. Relying on this product plan, Volvo Cars aims to expand the target market in the rapidly growing pure electric circuit, and at the same time double its market share by serving consumers who are still unwilling to switch to pure electric vehicles with third-generation hybrid models. “This new product offensive will be an important gripper for Volvo Cars to build a company with long-term strong growth capacity and a profit margin of more than 8% before interest and tax.”