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The Swedish auto1 maker2 Volvo, now owned by China's Geely Holding Group, is poised3 to produce its first fully-electric car in China, which is going to debut4 in 2019 for export, reports Automotive News Europe(ANE).
欧洲汽车新闻报道,瑞典汽车制造商沃尔沃,现在由中国吉利控股集团所有,将在中国生产其首台全电动轿车,该车型将于2019年出口上市。
Volvo is reportedly set to announce this at the upcoming Shanghai Auto Show next week.
The new electric vehicle, to be based on the Compact Modular Architecture(CMA) design, will be manufactured in Volvo's factory in Luqiao, east China's Zhejiang Province, ANE reports.
Volvo's CMA-based models, including the all-new XC40 compact SUV and Lynk&CO's first 01 crossover, are manufactured in Luqiao.
Volvo is also reportedly working on another electric vehicle based on its Scalable Product Architecture design. Volvo's decision to produce its first electric vehicle in China is a signal of its wiliness to build China as its global hub for production and export, reports ANE.
In 2015, Volvo began exporting the China-produced long-wheelbase S60 Inscription5 to the U.S., becoming the first Western automaker to sell China-made cars outside the country.
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