- Volvo’s CEO said in an interview that the company will unveil its second EV in March.
- The new EV will be based on the same Compact Modular Architecture (CMA) platform as the XC40 Recharge and the Polestar 2.
- The upcoming EV will not be a successor to the discontinued V40 but will sit in a more premium vehicle segment, the CEO said.
As with other automakers, Volvo is keen on continuing to expand its EV lineup. The XC40 Recharge is barely out of the gate and the Swedish automaker has another electric vehicle up its sleeve, which it will unveil on March 2, 2021.
In a video interview with Automotive News Europe, Volvo CEO Håkan Samuelsson told the outlet that while the upcoming vehicle will share the same Compact Modular Architecture (CMA) platform used by the XC40 Recharge, it will have a “more streamlined body.”
The platform is also in use by the Polestar 2 sedan, so a sleeker-looking electric vehicle with the underpinnings of the XC40 isn’t out of the question. But don’t expect too much more information out of Volvo ahead of the reveal.
“We will keep you a bit in the dark until we show the car, but I promise you it will be a very good-looking car,” Samuelsson told Automotive News Europe. The publication also learned that the vehicle will not be a successor to the discontinued V40 compact hatchback. The automaker wants to be in a higher-priced, more premium vehicle segment than the V40.
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