Volvo Cars confirmed it will build a small electric car, which will be a crucial part of its effort to get half of its global sales from battery-powered vehicles by 2025.
The model will use the recently revealed Sustainable Experience Architecture (SEA) that the Swedish automaker helped parent Zhejiang Geely Holding develop.
Volvo is launching one electric car each year starting in 2020 with the XC40 Recharge. The automaker has not revealed the full cadence of those debuts, although CEO Hakan Samuelsson said last year the full-electric version of the new XC90 flagship SUV is slated to arrive in 2022.
That leaves 2021 as a possibility for Volvo’s version of the small EV because Lynk & CO, a joint venture between Volvo and Geely Automotive, has said its SEA-based car, the production version of Zero Concept, will be launched next year.