Complete Transition to an All-Electric Vehicle Manufacturer by 2030... Development of Next-Generation Batteries Also Underway

[Image source=Yonhap News]

[Image source=Yonhap News]

View original image


[Asia Economy Reporter Kim Suhwan] Swedish automaker Volvo Cars announced that it will launch an electric vehicle capable of driving 1000 km on a single charge within 10 years.


At the 'Tech Moment' event held on the 30th of last month (local time) in Gothenburg, Sweden, Volvo Cars expressed this and revealed its ambition to become a fully electric car manufacturer by 2030.


At the event, Volvo Cars introduced plans for electric vehicle battery supply, expansion of in-house software development, and next-generation safety technologies.


H?kan Samuelsson, CEO of Volvo Cars, said, "Our goal is to create the safest car possible using all available technologies."


Volvo Cars plans to launch a battery with more than 50% higher energy density than currently available battery cells within 10 years, in collaboration with Swedish battery company Northvolt. The two companies also plan to build a battery factory in Europe in the future.


Bidirectional charging, which allows electric vehicle batteries to supply power back to the external power grid, will also be supported.


Volvo Cars stated that through improvements in battery technology and fast charging technology, charging time is expected to be reduced to half of the current level.


At the event, Volvo Cars also unveiled the next-generation pure electric vehicle design, the 'Volvo Concept Recharge.' It features a battery pack placed across the entire floor of the body after removing the internal combustion engine, expanding the wheelbase and wheel size.


CEO Samuelsson added, "We plan to unveil our first next-generation electric vehicle next year."



Meanwhile, Volvo Cars is also collaborating with Google to build next-generation electric vehicle infotainment. Volvo Cars plans to improve the infotainment system powered by the 'Android Automotive OS' embedded with Google Play.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing