Volvo Goes All Electric In 2021 Prices.
Volvo’s U.S. sales recovered from aftermost year’s pandemic-induced abeyance faster than those of its European competitors and the all-embracing industry.
Sales rebounded from the COVID-19 slump in June, and the Swedish automaker bankrupt the year with sales up 1.8 percent — one of alone three automakers to end the year in absolute territory.
Last year was a able accumulation and aggregate year, Volvo Retail Advising Lath Chairman Ernie Norcross, 59, told Automotive News.
But Volvo dealers shouldn’t apprehend to blow on their laurels.
The sales ambition for 2021 is accepted to be 10 to 15 percent higher, said Norcross, buyer of Volvo Cars Memphis in Tennessee.
Fresh artefact on the horizon, accompanying with convalescent chump affect in the deathwatch of a COVID-19 vaccine has Norcross optimistic that Volvo dealers can bear on the college sales expectations.
“We accept to booty the aforementioned attitude that we had in 2020 into 2021,” Norcross said. “There is a lot of advance befalling and we accept to go on the breach in activity afterwards that business.”
One of those opportunities is Volvo’s advance into electric vehicles.
This year, the automaker will barrage its aboriginal battery-powered model, the XC40 Recharge P8. The bunched crossover foreshadows an advancing bet — Volvo wants battery-powered cartage to annual for bisected of its all-around sales by 2025.
Faced with abbreviating emissions requirements in Europe and China, the auto industry is foisting fleets of EVs on the market. But in the U.S. at least, chump appetence for this new powertrain is uncertain.
That makes electrification a high-stakes bet for