rival will be the first production car to be powered by batteries produced by the new joint venture of Volvo and battery company Northvolt, which is building a new battery factory in Sweden with a view to reaching an annual output of 50GWh by 2026.
It says this will be enough to power 500,000 cars per year, which is well over two-thirds of Volvo’s current overall output. Before that factory opens, Volvo will procure batteries for the XC60 replacement from Northvolt’s existing facility at a rate of 15GWh annually from 2024. Given the popularity of the current combustion-engined XC60, Volvo is likely to keep it on sale for a period alongside the new EV.
Importantly, it has strongly hinted that the EV will use the same SPA2 architecture as the XC90 successor, which can house both pure-electric and hybrid drivetrains, paving the way for both hybrid and electric versions to share the same design – clues to which were given by the larger Concept Recharge last year.
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Is it a Volvo ,or its a new company named Vovo
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