Shulou(Shulou.com)12/24 Report--

CTOnews.com Despite recent media reports of a slowdown in demand for electric vehicles, Volvo Cars CEO Jim Rowan said he saw no signs of a slowdown. Conversely, Volvo's new electric vehicles, such as the C40 and EX30, have strong orders and will continue to drive sales growth.

Volvo is one of the first automakers in the world to announce a full electric transition by 2030. As early as 2021, Volvo's chief technology officer Henrick Green asserted: "There is no long-term future for fuel-engine cars. "

That early commitment is paying off for volvo. Volvo expects "strong double-digit growth" in sales for the full year despite rising interest rates and high inflation this year. Among them, strong demand for electric vehicles such as the C40 compact SUV and the new EX30 crossover brings hope for Volvo to achieve its goals.

In an interview with Automotive News, Rowan said he expects the EX30 to generate "considerable sales" for Volvo next year. Targeting younger buyers, the model is an important part of Volvo's brand expansion strategy. With a starting price of $34995 (CTOnews.com note: currently about 251,000 yuan), the EX30 is one of the most affordable electric cars on the market.

Volvo will also launch its flagship EX90, a three-row luxury electric SUV with a range of up to 300 miles. The EX90 will go on sale in the U.S. next year, starting at less than $77,000.

Asked about reports of a "slowdown" in demand for electric vehicles in the market, Rowan said: "We haven't seen any cancellations or reductions in order volumes. He also said that this situation is also true in the United States, and orders for C40 and EX30 are "strong." Rowan said the company was prepared for a potential slowdown in demand,"but that's not the case right now. "

Rowan said consumers love driving electric cars and charging them at home is a big advantage for them. He believes Volvo is "on the right track" and is on track to achieve its goal of full electrification by 2030.

By 2025, Volvo expects to sell 1.2 million vehicles, half of which will be pure electric vehicles, moving towards its goal of becoming a pure electric car manufacturer.

In the face of some recent negative media reports on electric vehicles, Rowan said that these reports will not affect the company's plans. "You have to learn to filter out that noise," he explained. He stressed that "some automakers have demonstrated that electrification has enabled them to gain huge market capitalization. "

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