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Volvo to build EVs in China for export, sources say
Douglas A. Bolduc | 2017/4/14

Volvo Car Corp. will build its first electric car in China, sources told Automotive News Europe ahead of an announcement planned for next week at the Shanghai auto show.

The battery-powered vehicle will debut in 2019 and will be exported globally. It will be based on the Compact Modular Architecture that Volvo co-developed with parent Zhejiang Geely Holding Group for Geely's new brand Lynk & CO, the sources said. 

The electric car will be made at Volvo's assembly plant in the southeast China city of Luqiao. That plant also will produce the all-new XC40 compact crossover, which launches this year, and Lynk & CO's 01 crossover. 

The sources said Volvo's first battery-electric car in China would be an all-new model, but declined to say what body type will be used. 

These and other models are intended to help Volvo achieve its aim of having 1 million electrified vehicles on the road by 2025. 

That goal includes plug-in hybrid versions of every future model in the automaker's lineup. Currently, 14 percent of the XC90s that Volvo sells globally are plug-in hybrids. Volvo expects 15 percent of customers for its new second-generation XC60 will pick the plug-in hybrid powertrain. 

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