Volvo will launch its first all-electric car in 2019 to take on Tesla - here's everything we know
Advertisement
Volvo
Advertisement
The carmaker said Wednesday that it plans to produce its first fully electric car in China and will export it around the world.
The Swedish automaker, which is owned by the Chinese company Geely, is making a big bet on electric vehicles.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
In 2015, Volvo launched its XC90, which was its first vehicle with a hybrid powertrain. And in April 2016, the company vowed that it would sell one million electrified cars by 2025.
Volvo's first fully electric car is slated to go into production in 2019. Here's everything we know about the car so far.
Advertisement
Get the latest Tesla stock price here.
Advertisement
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study