Volvo Cars announced its financial report on August 24, 2023, with the premiere of its first pure electric luxury MPV, EM90, expected globally on November 12. Volvo Cars’ achievements in China indicate that by July 2023, a cumulative total of 92,000 vehicles had been sold in Mainland China, an 8% year-on-year growth, demonstrating steady progress.
Volvo has over 290 dealerships and 37 urban flagship stores in China. This Swedish car manufacturer has also provided an all-scenario charging solution, with the expectation that by the end of the year, over half a million high-quality public charging poles will have been installed, covering more than 330 cities and over 3100 service points on highways nationwide.
As Volvo Cars’ first pure electric luxury MPV, the EM90 is expected to uphold Volvo’s consistently high standards of safety and luxury design, potentially accelerating Volvo Cars’ advancement in the field of new energy vehicles.
The safety standards of Volvo Cars in the era of electrification remain unparalleled, with the “IntelliSafe” standard set. Its “World Tree” safety system disrupts the traditional boundary between active and passive safety, extending vehicle safety into four distinct spaces: interior, body, exterior, and human-centric.
Despite the fierce competition in China’s new energy vehicle market, Volvo Cars maintains steady growth. Its cumulative sales in China hit 92,000 vehicles, including a 67% year-on-year increase in pure electric vehicle sales, demonstrating Volvo’s robust performance and future potential in the new energy market.
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