Volvo is working hard to deliver an electric future for its clients. So it is accelerating the production of its electric cars. According to a recent press release, Volvo decided to triple its electric car manufacturing capacity at its plant in Ghent, Belgium, as it prepares to meet fast-growing demand for its Recharge line-up of chargeable cars.
The capacity increase comes as Volvo Cars also reports its full-year sales results for 2020, which showed a strong growth in demand for the company’s Recharge models. The share of Recharge cars as a percentage of total sales more than doubled in 2020 compared with 2019.
By 2022, electric car capacity at the Ghent plant will have more than tripled from today’s levels and amount to around 60 per cent of the plant’s total production capacity.
Ghent is currently preparing to take a second fully electric Volvo model, based on the CMA modular vehicle architecture, into production later this year. The plant already builds the XC40 Recharge, the company’s first fully electric car, as well as plug-in hybrid versions of the XC40.
Volvo Cars is committed to becoming a premium electric car company, and in the coming years will launch several fully electric cars. By 2025, it aims for its global sales to consist of 50 per cent fully electric cars, with the rest hybrids.
While Ghent is the first of its global manufacturing network to start building fully electric cars, the company also has plans to increase electric car manufacturing capacity at its other facilities around the globe.