Volvo small SUV 'big part' of reaching 2025 goals

Volvo Cars aims to boost global sales more than 70 percent to 1.2 million by 2025, with half of those models being full electric and 50 percent of its transactions to be done online. CEO Jim Rowan said the Swedish automaker’s next model, a small electric SUV that even he now refers to as the EX30, will be a “big part” of achieving the targets. The former Dyson executive, who took charge at the automaker in March, also outlined why it is critical for Volvo to become an expert in software and silicon. He discussed this as well as Volvo’s plan to keep upgrading and selling its XC90 flagship SUV despite the arrival of its range-topping EX90 electric SUV with Automotive News Europe Managing Editor Douglas A. Bolduc.