Volvo’s CEO and President, Jim Rowan: Volvo will become a pure electric luxury car group by 2030.

This Chinese EV100 Forum was Jim Rowan’s first public speech since taking office. According to Jim Rowan, Volvo will accelerate its electrification process by using new sustainable materials and become a pure electric luxury car company by 2030.

Jim Rowan gave an example that the self-developed electric motor mounted on the Volvo’s pure electric SUV XC40 can provide about 400 kilowatts of power, and the next-generation electric motor will provide at least 500 kilowatts of power.

Regarding autonomous driving, Volvo has partnered with Chinese technology partners to test autonomous driving functions and services. To achieve sustainable development and zero emissions, Volvo will use new sustainable materials and invest in more advanced safety technologies.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.