Volvo expects sales in China to increase by 14% year on year in 2019

Posted 2024-08-13 00:00:00 +0000 UTC

On November 26, Li Hai, vice president of automotive Asia Pacific purchasing, revealed at a forum that the sales volume of Volvo cars in China in 2019 is expected to increase by 14% year on year. It is reported that in 2018, Volvo's global sales volume was 642000, an increase of 12.4% year on year; among them, the sales volume in China was 131000, an increase of 14% year on year. According to the data of Volvo China R & D center / Asia Pacific headquarters, the global cumulative sales volume of Volvo cars in the first 10 months of this year has reached 568663, up 8.1% year on year. In the first 10 months of this year, the sales volume of China's market was 124000, up 15.2% year on year. Volvo car said that this was mainly driven by two models of Volvo XC60 and S90. At the same time of releasing the sales forecast, Volvo once again emphasized its "2040 environmental plan", aiming to develop the company into a global zero load climate benchmarking enterprise by 2040. As a first step towards this goal, Volvo plans to reduce carbon emissions of each of its vehicles in the whole life cycle by an average of 40% between 2018 and 2025. In terms of vehicle models, as early as 2017, Volvo put forward a comprehensive electrification strategy. According to the plan, all its new models to be launched in 2019 will be equipped with electric motors, and it is committed to deliver 1 million new energy vehicles by 2025, which will account for 50% of the company's total sales in 2025. Up to now, "xc40 pure electric version" of Volvo, in the field of electrification, Volvo mainly focuses on vehicle models, and has listed many plug-in hybrid models such as new energy and new energy of Volvo S90. However, in mid October this year, with the official release of xc40 pure electric, Volvo's first model (independent brand), Volvo cars will launch pure electric field. It is reported that in the next five years, Volvo brand plans to launch a pure electric vehicle model every year to ensure that the pure electric vehicle model will account for 50% of the global sales of the brand in 2025. In addition, in Li Hai's view, at present, the main engine factory is facing more complex market competition relations, including the competition with cross-border enterprises and travel enterprises, which requires car enterprises to constantly improve themselves, and Volvo is also trying to change from a manufacturer to a leading travel service provider in the world.

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